Audio By Carbonatix
South African Airways, Kenya Airways Plc, Air Mauritius Ltd. and RwandAir are in talks to create an alliance, as they face mounting competition.
“Air Mauritius took the initiative to join forces with three other African airlines in a bid to create an alliance that would develop air connectivity in the region,” Chief Executive Officer Somas Appavou said Wednesday. “In a highly competitive environment, this alliance would allow the potential partners to create a consolidated network using the individual strength of each airline to offer passenger better choice and flexibility.”
The talks come at a time when Kenya Airways is going through a restructuring after reporting loses for three consecutive years.
In November 2017, the Kenyan government and lenders agreed to convert $405.3 million owed by the carrier into equity, giving the state a controlling stake and diluting other shareholders, including Air France-KLM. Last month, Air Mauritius reported a first-half loss of 17.7 million euros ($20.2 million).
South African Airways received an unsolicited 21 billion-rand ($1.4 billion) loan offer in return for a 51 percent stake in the cash-strapped state-owned carrier, City Press reported Dec. 23.
RwandAir is prioritizing adding new routes and overhauling its existing fleet over short-term profitability as the state-owned airline focuses on supporting the country’s growing tourism industry.
“As an alliance, the partner airlines would also benefit from synergies in areas like maintenance, knowledge sharing and training while they will also have an edge in procurement activities,” Appavou said in response to questions.
Latest Stories
-
Vice President honours Nkrumah’s photographer, Chris Hesse, for safeguarding national memory
4 minutes -
3 arrested for impersonating Speaker, IGP on social media
5 minutes -
BoG to tighten monetary policy in half-year 2026
13 minutes -
Parliament approves GH₵357 billion budget for 2026
18 minutes -
MAX and Bolt announce strategic partnership to power electric mobility and vehicle ownership in Ghana
35 minutes -
Greater Accra poultry farmers association says it was excluded from gov’t ‘Nkoko nkiti nkiti’ initiative
49 minutes -
Michael Adangba survives dawn road crash en route to BolgatangaÂ
53 minutes -
Court remands 40-year-old man for alleged murder
53 minutes -
AngloGold Ashanti Obuasi mine donates fire tender to boost emergency response in municipality
55 minutes -
Gov’t introduces sliding-scale mining royalties to capture price gains
1 hour -
Global Africa Summit Accra 2025 rallies investors, diaspora and policymakers to boost trade and growth
1 hour -
New research suggests a better way to fight littering in Ghana
1 hour -
We must protect our own – Adutwum spokesperson calls for Ashanti solidarity
2 hours -
FDA shuts down 7 Foreign shops in Kumasi over unapproved, foreign-labelled products
2 hours -
13 arrested as Central East Police crack down on crime in Senya Beraku enclave
2 hours
