Wednesday, 18 February 2015

EgyptAir calls in JWT to lead sales campaign

EgyptAir is stepping up its marketing push with a deal with one of the world's largest marketing and advertising agencies.


The Cairo-based airline group signed a cooperation protocol with JWT . The contract was signed by Capt. Hesham El-Nahas, Chairman and CEO of EgyptAir airline and Mr. Hany Shokry, Chairman of JWT Egypt Office. The signing was attended by Sherif Elmaghloub, head of commercial sector and a group of senior managers of both organisations.

Monday, 16 February 2015

Ethiopian Airlines plans on placing 20 wide body aircraft order

Ethiopian Airlines is going to place orders for 20 wide body aircraft, reports The Reporter.
Ethiopian Airlines Group CEO, Tewolde Gebremariam, said management is evaluating the Boeing's new aircraft under development B777X and the Airbus A350-1000. The number of aircraft could be 15-20. 
Analyst Saj Ahmad said: “Ethiopian Airlines' continued expansion puts it right at the top of leading African airlines and its selection of a new widebody jet will solidify its position as Africa's fastest growing airline. 
“Ethiopian had early expressed a preference previously for the bigger 777-9X, given that it has more range and carries more passengers than the competing A350-1000, but with Ethiopian Airlines also inducting the first of 14 A350-900s next year, there is ample room for either a split deal between Airbus and Boeing as well as a "winner takes all" outcome.” 
Ahamad added: “The biggest challenge for both Airbus and Boeing is that while the A350-1000 and 777X are both years away from entering service, the performance metrics devised by both manufacturers will have to conform Ethiopian Airlines' stringent payload needs as they utilise many of the long haul jets to the fullest, with both passenger and cargo loads. 
“This would favour the 777-9X given the commonality with the 777-300ER and 787-8 fleets as well as its range superiority over the A350-1000, but the complexity of winning such a lucrative deal means both Airbus and Boeing will have to pull out all the stops to win this campaign.” 
The evaluation started last month and will be finalised within the next couple of months.

Ethiopian returns to EgyptAir training after a year away

The East African carrier has signed a contract for three months for providing type rating training for Boeing 777 pilots, but expectation is that the two sides will agree a one year deal. Meantime, the Cairo-based academy has received approvals by EASA for its simulator training on A320, A330/ A340, B777 and B737-800. The approval as an EASA-rated ATO will enable EgyptAir to compete against European schools and the Center said it becomes one of the few schools in the Middle East and Africa that can meet the EASA requirement.

SAA 'technically insolvent' and exploring emergency funding options

South African Airways (SAA) is exploring emergency funding options as part of a 90-day action plan intended to restore the state-owned carrier to solvency after it confirmed today that it is “technically insolvent”


“SAA is serious about rebuilding commercial sustainability and we will achieve our objectives,” said acting CEO Nico Bezuidenhout. “Tasks completed already include a review of the SAA long-haul international network as well as a re-evaluation of fleet requirements.” The airline confirmed it is now reliant on government guarantees, which stand at 1.2 billion. “SAA has been reliant on guarantees from its shareholder [the South African government] for several years and the delay in the release of the financial statements for the 2013/14 financial year is directly related to the continued weakness of the company’s balance sheet and due to the company being technically insolvent,” SAA said in a statement. Earlier this month, South Africa guaranteed another $565 million for SAA so its results for the year ended March 2014 could finally be released. Revenues for the year rose 12% to R30.3 billion and its EBITDA loss narrowed 12% to R374 million.  Long haul activities were seen as the major issue for the airline. Profits from domestic flights rose 10%  while the contribution from regional flying was up 17% and its budget arm Mango - which was run by Bezuidenhout until he was pulled back to SAA for the acting CEO role - also reported record profits. SAA is ending flights to Mumbai and Beijing, to help stem "substantial losses,” and passing the passenger traffic to codeshare partners Etihad and Air China. It will increase its regional activities, the airline said

AfBAA announces date for annual symposium to be held in Addis Ababa

The African Business Aviation Association (AfBAA) announced the confirmed dates for the Association's next annual symposium.
The third in the series will be held over two days on 24 and 25 September 2015 in Ethiopia’s capital, Addis Ababa at the Sheraton Addis hotel. AfBAA selected the location owing to the significant part the city plays in the African political landscape as the home city of the African Union of Nations. This will be the first AfBAA symposium held in East Africa and it is anticipated the location will encourage a greater number of Business Aviation stakeholders from this part of the continent to attend the meeting. 
The symposium will provide a platform to update topics initiated at the 2014 Symposium held in South Africa, in addition to introducing new themes that will be generated by varying AfBAA events through the year. These include the AfBAA Rendezvous in Luanda, Angola in February, AfBAA’s EBACE attendance at Europe’s largest Business Aviation convention to be held in May, and talking points generated by the ongoing African Business Aviation research being conducted by JetNetIQ. 
The event is already receiving interest from a number of corporate sponsors, which recognise the momentum, and influence that has been gained from the AfBAA meetings. Industry experts have already been invited to speak and an announcement about the line up will be made at the EBACE event in May.   
The Symposium will discuss all elements of Business Aviation in Africa but will have a special focus on the development of Business Aviation in the Central and Eastern African region recognising the specific challenges this area presents. It is expected that with the African Union’s headquarters based in Addis the meeting will attract a high number of government officials and regulatory bodies, in addition to business aircraft operators, OEMS, airports, law firms, trip planners, finance companies as well as all aviation professionals with an interest in the current and future development of the region. 
“We have already seen how popular, and more importantly influential, these meetings are. Progress is actually made as a result of the annual conference, which is the whole reason for arranging these events. Since we held our first meeting in Morocco in September 2013, the OEM’s have improved their support networks across the continent, an in-depth research study collating valuable data for the sector has begun, and we have formulated a number of agreements with industry leaders to support elements identified as crucial to sector success e.g. financing, maintenance, and SMS.  We’ve also noted member numbers increase after each symposium. Combined this demonstrates the value of these meetings and we will encourage even wider participation this year,” commented Tarek Ragheb, Chairman and Founder of AfBAA about the series of symposia. 
“We are aware that each country and region has its own issues and we are dedicated to advocating on their behalf. By holding our third annual Symposium in Addis Ababa we hope to debate key themes that are particularly pertinent for this area and its future economic development,” added Rady Fahmy, Executive Director of AfBAA. “We are looking forward to welcoming a wider cross section of Africa’s delegates and anticipate they will value the networking opportunity.” 
The event will be held over two days and will finish with a gala dinner for the final round of networking. For the first time AfBAA will also be arranging the opportunity for delegates to take in some of the host country’s spectacular sites with a third day of informal activities.   Sponsorship opportunities will be available for those wishing to support the event.

Africa on the path to recovery says ACI

According to Airport Council International (ACI) African air transport demand is on the path to recovery with annualized growth of 3.2% in passenger traffic.

Despite the adverse effects of the Ebola crisis on air transport in western parts of the African continent, Northern Africa has rebounded after a bleak period in passenger numbers for 2012 and 2013, a report from ACI said. 

From the eve of the Egyptian army-led overthrow of President Morsi to its aftermath, the tourist economy was crippled as passenger traffic dropped significantly in 2013. Cairo (CAI), North Africa's busiest airport and gateway to popular tourist destinations, saw passenger traffic jump back by 6.5% in 2014 as compared to the previous year. 

Other Northern African airports such as Algiers (ALG) and Casablanca (CMN) experienced strong growth of 9.1% and 5.4% respectively for the year. Johannesburg (JNB), Africa's busiest airport, ended the year with 1.3% gains in passenger numbers in 2014.

Thursday, 12 February 2015

Ethiopian Airlines plans on placing 20 wide body aircraft order



Ethiopian Airlines is going to place orders for 20 wide body aircraft, reports The Reporter.
Ethiopian Airlines Group CEO, Tewolde Gebremariam, said management is evaluating the Boeing's new aircraft under development B777X and the Airbus A350-1000. The number of aircraft could be 15-20. 
Analyst Saj Ahmad said: “Ethiopian Airlines' continued expansion puts it right at the top of leading African airlines and its selection of a new widebody jet will solidify its position as Africa's fastest growing airline. 
“Ethiopian had early expressed a preference previously for the bigger 777-9X, given that it has more range and carries more passengers than the competing A350-1000, but with Ethiopian Airlines also inducting the first of 14 A350-900s next year, there is ample room for either a split deal between Airbus and Boeing as well as a "winner takes all" outcome.” 
Ahamad added: “The biggest challenge for both Airbus and Boeing is that while the A350-1000 and 777X are both years away from entering service, the performance metrics devised by both manufacturers will have to conform Ethiopian Airlines' stringent payload needs as they utilise many of the long haul jets to the fullest, with both passenger and cargo loads. 
“This would favour the 777-9X given the commonality with the 777-300ER and 787-8 fleets as well as its range superiority over the A350-1000, but the complexity of winning such a lucrative deal means both Airbus and Boeing will have to pull out all the stops to win this campaign.” 
The evaluation started last month and will be finalised within the next
- See more at: http://www.africanaerospace.aero/ethiopian-airlines-plans-on-placing-20-wide-body-aircraft-order.html#sthash.M5mfiYmc.dpuf

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