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Business & Finance

Category: Business & Finance

Airlines Business & Finance

Will the Bailout of US Airlines Learn from the Past?

April 10, 2020by John Maina
While the airline industry awaits the terms of a government bailout needed to survive the COVID-19 pandemic, 21st-century history offers some clues to the strings…
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News Business & Finance

Air Cargo Rates Skyrocket Amid Urgent Demand For Medical Supplies

April 1, 2020by Wilson Juma
Urgent demand for medical equipment to fight the coronavirus has sent the cost of chartering aircraft skyrocketing and turned a typically humdrum process into an…
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Ground Handler Business & Finance News Services

Ground Handlers At Risk Of Collapse

March 31, 2020by Wilson Juma
The four companies which manage ground operations at UK airports have warned that they are close to collapse, putting thousands of jobs at risk. Swissport,…
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Airlines Business & Finance News

British Airways Suspends All Flights From Gatwick Airport

March 31, 2020by Wilson Juma
British Airways will be temporarily suspending its flying schedule at Gatwick Airport, the company has announced. The planes will be grounded from April 1, although…
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Ground Handler Business & Finance News Services

Swissport Tanzania Issues Profit Warning As Revenue Declines

March 31, 2020by Wilson Juma
The ground handler, Swissport Tanzania is setting out plans to reduce its operating costs amid the 25 percent plunge of its 2019 net profits and…
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Airlines Business & Finance News

Astral Adjusts Flight Schedule

March 31, 2020by Wilson Juma
African freighter operator Astral Aviation has adjusted its flight schedule in response to the coronavirus outbreak. The carrier said that key staff will continue working…
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Airlines Business & Finance News

Kenya Airways Seeks Govt Bailout

March 31, 2020by Wilson Juma
Kenya Airways has sought a multi-billion shilling government bailout after the grounding of its aircraft due to the ban on international flights sparked by the…
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Airlines Business & Finance News

Qatar Airways Warns Cash Running Out

March 30, 2020by Wilson Juma
Qatar Airways will have to seek government support eventually, Chief Executive Akbar al-Baker told Reuters on Sunday, warning the Middle East carrier could soon run…
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Airlines Business & Finance News Services

US Airlines Suspend Beverage Service

March 30, 2020by Wilson Juma
Delta Air Lines, Southwest and American Airlines have all announced that they’re temporarily suspending beverage service and cutting meal service as a way to cut…
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Airlines Business & Finance News People

Interim CEO Of SA Express Steps Down

March 30, 2020by Wilson Juma
The board of directors of South African Express (SA Express) said on Monday that the company’s interim CEO, Siza Mzimela, was leaving the airline after…
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