Airline Finance News - Africa / Middle East.Edited by Aram Gesar, edit@AirGuideOnline.com For more global news, data, analysis and features, please go to: http://www.AirGuideOnline.com/professional.htm Sep 18, 2006 Royal Jordanian Royal Jordanian Airlines (Arabic: الملكية الأردنية; transliterated: al-Malakiyah al-Orduniyah) is an airline based in Amman, Jordan, operating scheduled international services over four Jordanian government is pushing ahead with the privatization privatization: see nationalization. privatization Transfer of government services or assets to the private sector. State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned of Royal Jordanian but said this week that it will retain a 26% stake in the flag carrier in order to "guarantee its right for veto," according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Arab Air Arab Air is a fictional airline in The Adventures of Tintin comic series created by Herge'. It is mentioned in the comic series title: The Red sea Sharks Carriers Organization. The remainder of the airline will be sold, with no more than 49% available to foreign investors. The rest will be sold in a public offering to Jordanian citizens. Sep 13, 2006 South African Airways South African Airways (SAA) is South Africa's largest domestic and international airline company, with hubs in Cape Town and Johannesburg. It is also known in Afrikaans as Suid-Afrikaanse Lugdiens (SAL) South African Airways sold its 49% share in Air Tanzania back to the Tanzanian government for $1, according to press reports. The government sold the stake to SAA (Systems Application Architecture) A set of interfaces designed to cross all IBM platforms from PC to mainframe. Introduced by IBM in 1987, SAA includes the Common User Access (CUA), the Common Programming Interface for Communications (CPI-C) and Common Communications in December 2002 for $20 million. "I think South African Airways, when they made the decision to buy into Air Tanzania, they thought it would suit their strategic objectives. It become apparent it was no longer in support of their strategic objectives," TC MD John Coleman told the Associated Press, adding that it will take 3-6 months for the companies to split software, communications equipment and other joint operations. Air Tanzania said it operates a fleet of three 737-200s and one F28 and employs 271 people. Sep 12, 2006 SunExpress SunExpress, the joint venture between Turkish Airlines and Condor Airlines, said turnover through the first seven months of 2006 increased 26% to [euro]128 million ($163.6 million). Passenger numbers were up 33% to 1.2 million. Sep 12, 2006 |
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