Ryanair warns of job cuts if strike in continued
Businessam Staff
September 11, 2018
Ryanair said on Tuesday that if the strike by pilots and cabin crew continued it may be forced to cut jobs and close some bases in Germany. “These threatened strikes can only damage Ryanair’s business in Germany, and if they continue, will lead to base cuts and job cuts for both German pilots and cabin […]
Qatar Airways puts Indian airline launch on hold due to “confusing” foreign ownership rules
Businessam StaffSeptember 4, 2018
Qatar Airways would be willing to buy a 15-25% stake in IndiGo as an alternative to setting up an Indian airline, due to “confusing” foreign ownership rules, CEO Akbar Al Baker told reporters on Tuesday in New Delhi. “We are really very interested to launch an airline in India, but the regulation is a little […]
British Airways launches latest world sale with discounts on flights
Businessam StaffAugust 30, 2018
British Airways’s latest world sale will run until September 25, with discounts on flights and holidays from its bases at Gatwick, Heathrow and London City, according to the BusinessTraveller. The carrier is highlighting discounts including up to 40 per cent off Club Europe seats from Heathrow, as well as nonstop Club World flights to Lima […]
Sheraton Lagos marks rum day 2018 with inspiring cocktails
Businessam StaffAugust 10, 2018
Sheraton Lagos Hotel has announced that its food & beverage teams will celebrate this year’s rum day on August 16, 2018 with exciting offers. According to a statement, the hotel describes rum as the third most consumed spirit globally and “this intriguing beverage inspires images of sandy beaches and sunlight on a nice hot summer […]
Ethiopian Airlines in talks to buy stake in Eritrean Airlines
Businessam StaffJuly 19, 2018
Ethiopian Airlines is in talks to take a stake in Eritrean Airlines and a study will be conducted to determine the size of the acquisition, the Ethiopian carrier’s chief executive said in an interview on Thursday. “We are assessing the situation of Eritrean Airlines right now,” Tewolde GebreMariam told Reuters during a visit to the […]
U.S. airline Republic Airways to buy 100 Embraer SA jets
Businessam StaffJuly 18, 2018
Republic Airways, United States regional airline on Tuesday signed a letter of intent to buy 100 E175 passenger jets made by Brazil’s Embraer SA, the two companies said at the Farnborough Airshow, Reuters reported. The airline said the deal would include an option to convert to Embraer’s latest E175-E2 aircraft, with purchase rights for an […]
Jumia’s hospitality report highlights growth potential for Nigeria’s travel, tourism
Justice OkamgbaJuly 11, 2018
Travel and tourism is on a fast track to becoming one of Nigeria’s major contributors to the country’s GDP and one of the largest employers of labour, according to Jumia Travel 2018 Hospitality Report. Africa’s leading online travel agency, Jumia Travel, unveiled the report, the third in the series, in Lagos Tuesday, which stakeholders find […]
Busy June sees Delta Airlines hit all-time customer record
Businessam StaffJuly 9, 2018
Delta Airlines has hit an all-time customer record in the month of June 2018 as it flew more customers than any other month in the company’s history, with nearly 17.7 million flying on mainline and Delta Connection flights around the world. The airline also ended the quarter with a record 50 million customers flown in […]
Air Namibia marks inaugural flight to Nigeria
Bukola OdufadeJuly 2, 2018
Air Namibia over the weekend marked its inaugural entry into Nigeria as part of its long term plan to expand into the western Africa market. The Namibian national carrier, which starts with four times a week flights said successful opening of the Lagos route would further open various parts of Africa to each other and […]
Kenya Airways to revive long-shelved expansion plans with 10 Boeing aircraft buy
Chukwuemeka ObiomaJune 28, 2018
Kenya Airways Plc. has proposed to buy up to 10 Boeing Co.737 Max aircraft, a move which if successful will revive its long-shelved plans to expand its network over a five-year period. The move comes on the back of three consecutive years of losses caused by what analysts described as a poorly executed expansion strategy […]