Ryanair reaches deal with German cabin crew union

The budget airline hopes to get settlements with all its major unions by Christmas in a bid to end disruptions that have hit its profit and shares

BMW hit by development costs and new-model production boost

Investments to develop electric and self-driving cars has weighed on earnings

SAA should be shut down, says Tito Mboweni

SAA ‘is loss-making, it’s unlikely to sort out the situation, in my view we should close it down,’ says the finance minister

BL PREMIUM
Transnet suspends another top official

Group general manager of finance Edward Thomas has been suspended, he is alleged to have been involved in the roles played by controversial consultants

Outsider to replace Airbus finance chief amid overhaul of top management

Harald Wilhelm’s shock departure could sow internal fears of a broader ‘witch hunt’ in the hopes of winning deferred prosecution agreements

Cathay Pacific enlists UK company to assist with data breach

Asia’s biggest international carrier is offering customers the option to take up a service provided by Experian  to monitor whether their information is being ...

Comair widens diversification with plan to spins out IT operation

Company teams up with Infinea to provide information technology operations to the aviation and related sectors

Kuwait Airways to buy eight smaller jets from Airbus

Airbus has been battling to drum up customers for the A330neo as Boeing seeks to undercut the programme in order to sell more 787s 

Loss of Ford business a setback for WPP

Ford’s move sends a warning signal to WPP managers as they gather for their annual strategy get-together

Prasa gets regulator red card

Parties in legal wrangle over agency’s inability to assess and control safety risks linked to its railway operations

Smaller tax bill lifts Phumelela

The company’s horse-racing business was hit by the costs related to its voluntary severance programme

Telkom executive to help fix SAA

The telecommunications operator seconds a finance expert to assist with struggling airline's turnaround efforts

Sanral has ‘watershed’ year as lack of funding threatens growth

State-owned national roads agency Sanral says it has become clear that without further funding it cannot continue the growth trajectory and network expansion ...

How aeronautical tariff cut nibbled at Acsa′s profit

State-owned Airports Company SA reports 58% fall in profit for the year to end-March

Ryanair to invest $400m in France after giving nod to unions

Europe’s largest low-cost carrier has faced several months of strikes after agreeing to recognise unions

SAA assures stakeholders it is not filing for bankruptcy

The airline expects its recovery to take until at least 2020/2021

Published by Tiso Blackstar and distributed with the Financial Mail on the last Thursday of every month except December and January.