October 20, 2016
German special mission operator FAI rent-a-jet has been awarded a one-year public tendered contract to operate two Learjet 60s out of Algiers.
The aircraft will be used for multi-purpose missions including both passenger transport and medevac services. This latest win, in a new territory for FAI, underlines the company’s capabilities on the African continent which has already included operations with aircraft based in Sudan, South Sudan, Nigeria,"...Continue Reading >
October 19, 2016
Emirates airline could reduce the frequency of its flights to African cities or cut routes completely if current economic and financial challenges on the continent continue, President Tim Clark told reporters on Tuesday.
Foreign airlines flying to Nigeria have started to refuel abroad because jet fuel supplies there have become more expensive and scarce as the country battles a hard currency shortage.
Emirates"...Continue Reading >
October 11, 2016
Afriqiyah Airways (8U, Tripoli Mitiga) has acquired a 20% stake in the Aviation Training Center of Tunisia (ATCT) following a signing ceremony late last week.
The value of the shareholding, acquired from two Tunisian banks, was not disclosed.
The acquisition will allow the Libyan state-owned carrier to both diversify its revenue streams as well as reduce pilot training costs. At present, over 150 of its flight crews must head to Lufthansa"...
October 4, 2016
It comes in light with what RJ offers its passengers, a unique travel experience.
The campaign’s aspects reveal that when traveling RJ there is more than getting from one point to another.
The airline’s brand inspires its passengers to create stories, and that there is more to be experienced, seen, sensed and lived.
The"...Continue Reading >
September 28, 2016
The Q400 planes manufacturer, Bombardier Inc, has commented that Tanzania is set to boost air travel after purchasing the "extremely efficient and cost effective planes" also preferred by developed countries.
The national carrier, Air Tanzania Company Limited (ATCL), in recent times, remained a mere spectator as both gigantic and medium-sized airlines battled for the country's skies. The government had signed a firm purchase agreement for two Q400"...Continue Reading >
September 28, 2016
Morocco has made a major leap in developing aviation-related industries with the signing of a deal with Boeing to establish an industrial ecosystem offering conditions propitious for attracting component suppliers.
The agreement was signed in the royal palace of Tangier by Moroccan trade and industry minister Moulay Hafid Elalamy and the chief executive of Boeing’s airplane business, Raymond Conner during a ceremony chaired by King Mohammed VI.
This"...Continue Reading >
September 22, 2016
Kenya’s air travel sector is the most improved in Sub–Saharan Africa from January to August 2016—according to a travel research firm ForwardKeys.
The firm states that Kenya’s air travel grew by 14 per cent in the period under review compared to its Sub-Saharan Africa counterparts Ethiopia 9.6 per cent, Tanzania 10.6 per cent, Mauritius 11.6 per cent and South Africa is up 11.4 per cent.
East Africa region as a whole has grown"...Continue Reading >
September 22, 2016
Analysis of International air travel to East Africa this year (January to August) by ForwardKeys, a company that predicts future travel patterns by crunching and analysing 14m booking transactions a day, reveals strong growth of 11.2% compared with the same period last year.
This is an exceptional performance as growth for Africa as whole has been 5.6%, with countries like Algeria, Egypt, Morocco and Tunisia seeing little growth or even a decline.
Olivier"...Continue Reading >
September 21, 2016
ALGIERS- the national company Air Algerie signed a memorandum of understanding with global manufacturer Honeywell, on the strengthening of its capacities in the field of aeronautic maintenance, said Monday the company in a communiqué.
It is notably about developing Air Algerie’s capacities in the field of maintenance and the repair of equipment and plane systems made by this manufacturer such as auxiliary power units (APU), equipments and"...Continue Reading >
September 20, 2016
ALGIERS-Chief Executive Officer (CEO) of Air Algerie airline Mohamed Abdou Bouderbala announced Monday in Algiers the opening of a national aeronautics school belonging to the national company by 2019 in order to cover its needs for training and retraining of its staff, particularly pilots.
"Pilots, flight attendants, technicians and other employees will be trained in this school. The decree providing for the establishment of this school has been"...Continue Reading >
Forex News Headline
Weak Canada CPI to Fuel USD/CAD Rebound- Monthly Open Range in Focus...
NZD/JPY Signals Near-term Exhaustion Ahead of Key Resistance
China’s Market News: More Debt, Lower Taxes: The Proactive Fiscal...
EUR/USD Post-ECB Outlook Mixed as Price & Momentum Deviate
Gold Price Falls from Two-Week High, Oil into ST Price Support
Is the ECB Going to Taper or Extend QE After March 2017?