Nigeria’s leading airline could soon be under new management.
Nigeria’s leading airline could soon be under new management.
Market Research Company Euromonitor International revealed earlier this week the key trends shaping travel and tourism in Africa at the 41st Annual World Tourism Conference in Kigali, Rwanda.
When it comes to domestic air travel in Africa, Kenya’s capital Nairobi is king.
Kenya will convert its $243 million in loans to Kenya Airways into equity, the government has said, as part of a broader restructuring to nurse the ailing airline back to financial health.
Nigeria has appointed advisers to help it set up a national airline and develop its aviation infrastructure — currently seen as a barrier to economic growth — to create a hub for West Africa, junior aviation minister Hadi Sirika said earlier this month.
Nigeria’s international airport in the capital, Abuja, has formally reopened after six weeks of urgent repairs to its runway.
Hotels.ng, Nigeria’s leading hotel booking company has rolled out a new service – online flight bookings – on its website.
Nigeria’s largest airline Arik Air plans to nearly double its fleet to 52 planes within 10 years and has already ordered some of them from Boeing, a source at the company said on Monday.
Nigeria‘s largest airline Arik Air plans to raise as much as $1bn through a private share placement next year and then a possible initial public offering (IPO) in Lagos and London, its managing director said.
Kenya Airways is talking to “about three or four” foreign institutional investors and airlines about buying a stake to raise cash for the carrier, its CEO said last month.
Rwanda has signed a deal with the African division of Portuguese construction firm Mota-Engil to build an international airport at a cost of $818 million, the company and government officials said.
FastJet has hired Nico Bezuidenhout, CEO of Mango Airlines, South African Airways’ low cost unit, as CEO to help revive the U.K. discount airline following a plunge in its share price and an escalating spat with a top investor.
The future looks bright for air travel across Africa. It’s predicted that by 2034, 190 million more flights segments will be flown across the continent.
Intra-African travel — which is critical to unlocking the region’s tourism potential — is set to become easier, safer and more open.
General Electric Co. sees the potential to double its African revenue and employees as the company expands in countries including Ethiopia and Mozambique, GE Africa President Jay Ireland said.
South Africa has opened the continent’s first solar-powered airport in the Western Cape.
South Africa will explore merging two of its state-owned airlines, South African Airways (SAA) and SA Express, and seek a minority equity partner for the company, Finance Minister Pravin Gordhan said on Wednesday.
Cape Town-based digital insurance distribution startup Hepstar announces $2 million funding round from UK-based global technology investor, Amadeus Capital Partners.
South African Airways (SAA) has introduced a second entry point to Nigeria in its quest to enable trade and unlock mobility, which will considerably add to business travel options in the West African region.
Africa’s vast skies are being mastered by the “Big 6”: Ethiopian Airlines, South African Airways, Arik Air, EgyptAir, Kenya Airways and Royal Air Maroc.
Jomo Kenyatta International Airport, Nairobi, Kenya The African Development Bank is considering lending the Kenya Airports Authority as much as $100 million…
General Electric Co. booked $2.5 billion of orders from sub-Saharan Africa in the past 11 months, including oil and gas equipment for Eni SpA in Ghana and locomotives for Angola.
France and Angola on Friday signed business agreements covering a wide range of economic sectors from oil to hotels, which are potentially worth several hundred million dollars, French officials said.
RwandAir has signed a deal with a regional African bank for a $160 million loan as part of the financing to buy two aircraft from Airbus, the airline and the bank said on Thursday.
Check out this infographic showing some quick facts about travel to and from Ethiopia, courtesy of Jovago.
Travelstart, the leading travel booking site, today announced the launch of a brand new app for Android and iOS. Flapp, dubbed the ‘the two tap booking app’, is available to download for free from the Google Play Store and Apple’s App Store.
Fastjet, the low cost African airline backed by Easyjet founder Stelios Haji-Ioannou, has raised £50m to expand its fleet of three aircraft and to open up new routes.
Ethiopian Airlines Enterprise, East Africa’s biggest carrier by revenue, is considering proposals to help set up national airlines in Nigeria and three other countries to expand its operations on the continent.
Glancing around a crowded terminal in Kenya’s Jomo Kenyatta airport, one of the busiest international hubs in Africa, it’s obvious that more passengers are streaming to the continent than ever before.
FastJet Plc is approaching potential South African investors about buying stakes to finance a route expansion in the east and south of the continent and support its effort to become the first pan-African discount airline.
DHL Aviation, a part of DHL Express, the world’s leading international express services provider, has secured the title of International All Cargo Carrier of the Year in Africa at the STAT Times’ International Awards for Excellence in Air Cargo, held in Johannesburg, South Africa, on 26 February.
Nigeria is a country of vast economic opportunity. It famously became the biggest economy in Africa in 2014, after an economic rebase almost doubled the size of its gross domestic product (GDP). At about $510bn, its economy is now bigger than South Africa’s (and among the top 30 in the world).
Ethiopian Airlines hopes a decision to open up intra-African aviation routes will be fully implemented in 2015, the airline’s chief executive said on Thursday.
Arik Air has activated international payments on its mobile platform. Customers from anywhere in the world can now access Arik Air’s mobile site, search for tickets, select flights, and pay using credit and debit cards from Visa and MasterCard.
Nigeria is in talks with potential local and global investors to set up a national airline which is expected to launch in 2-4 years.
Arik Air, West and Central Africa’s largest commercial carrier, has launched a frequent flyer program, aligning its offering with the industry’s foremost airlines in the process.
Emirates, the largest international airline, is planning to expand in Africa with at least 10 new routes by 2025 and a jet fleet worth $10 billion to $12 billion, according to President Tim Clark.
FastJet Plc (FJET) said it’s in talks about adding more Airbus Group NV (AIR) short-haul jets to the fleet as the discount carrier seeks to open bases in Zambia, Zimbabwe and Kenya next year while expanding operations in Tanzania.