Corporate Affairs

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    Commercial aviation activity in South Africa seems to be recovering

    The latest edition of the Commercial Aviation Association of Southern Africa’s Commercial Aviation Activity Index (CAAI) shows an upward trend, reported the index’s author, independent economist Dr Roelof Botha. But he warned that caution was still necessary. “Aviation activity is quite volatile,” he noted. He pointed out that the CAAI had recorded a sharp fall from the second quarter of 2016 to the second quarter of 2017. This had been the height of the “State Capture” era. (State Capture …

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    Commercial aviation activity in South Africa seems to be recovering

    The latest edition of the Commercial Aviation Association of Southern Africa’s Commercial Aviation Activity Index (CAAI) shows an upward trend, reported the index’s author, independent economist Dr Roelof Botha. But he warned that caution was still necessary. “Aviation activity is quite volatile,” he noted. He pointed out that the CAAI had recorded a sharp fall from the second quarter of 2016 to the second quarter of 2017. This had been the height of the “State Capture” era. (State Capture …

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    TFR says cable theft resulting in 21 trains a day being cancelled

    Between April 2019 and January 2020, 354 227 m of overhead cables on rail lines had been stolen.

    State-owned freight utility Transnet and its Transnet Freight Rail subsidiary say the theft of overhead cables on rail lines had reached unprecedented levels, with, on average, 21 trains being cancelled a day as a result.

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    TFR says cable theft resulting in 21 trains a day being cancelled

    Between April 2019 and January 2020, 354 227 m of overhead cables on rail lines had been stolen.

    State-owned freight utility Transnet and its Transnet Freight Rail subsidiary say the theft of overhead cables on rail lines had reached unprecedented levels, with, on average, 21 trains being cancelled a day as a result.

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    TFR says cable theft resulting in 21 trains a day being cancelled

    Between April 2019 and January 2020, 354 227 m of overhead cables on rail lines had been stolen.

    State-owned freight utility Transnet and its Transnet Freight Rail subsidiary say the theft of overhead cables on rail lines had reached unprecedented levels, with, on average, 21 trains being cancelled a day as a result.

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    State-owned airlines struggling in financial turbulence

    Two of South Africa’s State-owned airlines continue to experience tough times as they try to recover from their current deep financial crises. They are national flag-carrier South African Airways (SAA) and the completely separate regional operator SA Express. SAA is now in business rescue, and the Johannesburg High Court recently ordered that SA Express also be put into business rescue.

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    Organisers aim high for defence and aerospace expo

    Despite various challenges in South Africa, as well as in other Southern African Development Community (SADC) countries, the Africa Aerospace and Defence (AAD) Expo organisers hope to host a successful event this year, says AAD exhibition director Leona Redelinghuys. These difficulties include not only the global economic decline but also South Africa’s declining defence budget and the delayed procurement of new equipment.

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    Rolls-Royce starts manufacture of the world’s largest aeroengine fan blades

    UK industrial technology group Rolls-Royce has announced that it has started manufacturing the world’s largest aeroengine fan blades. These are for its UltraFan demonstrator power plant, which will be unprecedentedly efficient and sustainable. A full set of UltraFan blades will have a diameter of 140 inches (355.6 cm or 3.566 m). This is only slightly smaller than the diameter of the fuselage of single-aisle (or narrowbody) airliners. (The Boeing 737 has a fuselage width of 3.80 m, while the equivalent figure for the Airbus A320 is 3.95 m.)

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    Denel upgraded by Fitch Ratings as it closes aerostructures business

    South Africa’s State-owned defence industrial group has Denel welcomed the recent decision by Fitch Ratings to affirm its long- and short-term ratings for the group, and to upgrade its outlook. Fitch affirmed Denel’s national short-term rating at “B(zaf)” and its national long-term rating also at “B(zaf)”. The defence group’s outlook was raised from “negative” to “stable”.

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    Denel upgraded by Fitch Ratings as it closes aerostructures business

    South Africa’s State-owned defence industrial group has Denel welcomed the recent decision by Fitch Ratings to affirm its long- and short-term ratings for the group, and to upgrade its outlook. Fitch affirmed Denel’s national short-term rating at “B(zaf)” and its national long-term rating also at “B(zaf)”. The defence group’s outlook was raised from “negative” to “stable”.

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