SAA is running short of cash after the government failed to provide 2 billion rand ($137 million) of emergency funding it promised when the airline entered a form of bankruptcy protection last month.
Low-cost carrier Jambojet officially launched its flights to Kigali, Rwanda on Monday. The airline has six planes and is awaiting delivery of two more to service its expanding plans to the region. CEO of Jambojet, Allan Kilavuka joins CNBC Africa for more.
Ethiopian Airlines’ operating revenue jumped nearly 30% in the year to July 31. In March, one of the airline’s Boeing planes crashed a few minutes after take-off from Addis Ababa en-route to Nairobi, killing all 157 people on board.
Ethiopian Airlines saw a big rise in its operating revenue in the year to the end of June, as a surge in passenger numbers helped to offset the impact of higher fuel costs.
East Africa's only low cost carrier Jambojet is setting it's sights on more expansions in the East Africa community with an initial focus on coastal routes, this is amid challenges in the East African Community (EAC) aviation sector. CEO of the airline, Allan Kilavuka joins CNBC Africa for more.
The Kenyan airline, which is 48.9% government-owned and 7.8% by Air France-KLM, restructured $2 billion of debt in 2017.
SAA, which has not generated a profit since 2011, survives on state guarantees.
The airline will start flying to the Somali capital Mogadishu on Nov. 2 for the first time in four decades.