Audio By Carbonatix
South African Airways and Kenya Airways have signed a co-operation agreement with the long-term ambition of creating a pan-African airline.
SAA and KQ, both of which have been plagued by financial and administrative woes, say their collaboration will make the aviation sector more competitive.
They signed a memorandum of understanding to increase their mutual growth potential.
The collaboration could entail sharing services in terms of routes, fleet maintenance and repair, as well as seeking opportunities to achieve economies of scale.
Both SAA and KQ emphasised that they are still free to pursue co-operation with other carriers.
SAA re-started its operations last week after being grounded for more than a year because of bankruptcy.
KQ has been hit hard by Covid-19, and has focused on transporting cargo to minimise losses. It also plans to have the airline nationalised after its code-share agreement with Air France-KLM ends in September.
Latest Stories
-
Zanetor pledges to turn scientific research into jobs, industrial growth
24 minutes -
Trade Minister inspects site for Cape Coast garment factory
30 minutes -
$270m poultry investment to create 12,000 jobs under 24-Hour Economy
31 minutes -
My petition against Special Prosecutor put on ice after political intervention – Kpebu
32 minutes -
‘Don’t fail our teachers’ – Parents demand full implementation of strike deal
39 minutes -
Ghana Baptist Convention ordains 92 ministers, urged to live above reproach
39 minutes -
SIGA’s GH¢19.8bn SOE profit claim misleading – Bright Simons
45 minutes -
Kpebu vows to publish full petition if case against OSP is thrown out
50 minutes -
Central Regional Minister inspects projects in Assin South
52 minutes -
Mahama must show stronger leadership in galamsey fight – Prof. Bokpin
59 minutes -
Abu Jinapor defends Domestic Gold Purchase Programme, credits Bawumia with its introduction
59 minutes -
I’ll beat NDC for third time through my development record in Karaga – Amin Adam
1 hour -
Denkyirahene hosts sixth Akwasidae, calls for unity, peace
1 hour -
Edem Agbana outlines development gains, future projects at Ketu North accountability forum
1 hour -
Let’s develop a culture of reading – Tourism Minister
1 hour