After $700m loss, Nigeria’s aviation industry postpone June 21 reopening
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After $700m loss, Nigeria’s aviation industry postpone June 21 reopening

ByEditorial

Nigeria’s aviation industry was preparing to reopen domestic operations on June 21 after almost three months of closure but the Federal Government has now said the date is not feasible. The Director-General of the Nigerian Civil Aviation Authority, Capt Musa Nuhu, said on Thursday that despite the pressure to reopen, safety was not yet guaranteed. He…

SAA Restructuring plan announced, but taxpayer set to foot the bill
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SAA Restructuring plan announced, but taxpayer set to foot the bill

ByEditorial

After months of wrangling and internal disputes, South Africa’s embattled national carrier SAA finally has a business rescue plan, but it’s going to cost the state nearly $600 million for the plan to work. The funds will cover creditors along with voluntary severance packages for thousands of staff who are set to be retrenched. The…