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South African start-up interested in 25% stake in Air Zimbabwe

South African start-up interested in 25% stake in Air Zimbabwe 0

🕔10:37, 30.Dec 2017

A proposal has been submitted to the Zimbabwean government by Fly Modern Ark in which the South African start-up would provide Air Zimbabwe with Xian Aircraft Company turboprop equipment in return for a 25% stake in the state-owned airline. Air

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African airlines to make small loses in 2018 – IATA

African airlines to make small loses in 2018 – IATA 0

🕔16:31, 23.Dec 2017

A prediction has come from the International Air Transport Association (IATA) that African carriers as a whole are probably to make small losses in 2018, estimated around $100 million. In a statement issued by IATA’s Director-General, Alexandre de Juniac, in

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