Corporate Affairs
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Rolls-Royce and Air bp sign sustainable aviation fuel agreement
UK-based global major power and propulsion technology and systems group Rolls-Royce and Air bp, the aviation fuels division of global major energy group bp (previously branded BP and also UK-based), have signed an agreement under which the latter will …
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M&R subsidiary part of consortium awarded a A$5bn Australian rail contract
JSE-listed engineering and contracting group Murray & Roberts (M&R) has announced that a consortium of which its subsidiary Clough is a member, has been selected as the preferred bidder to develop a section of the Inland Rail project, in Queensland.
The Regionerate Rail consortium comprises Clough, the Plenary Group, GS Engineering and Construction, Webuild and Service Steam.
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M&R subsidiary part of consortium awarded a A$5bn Australian rail contract
JSE-listed engineering and contracting group Murray & Roberts (M&R) has announced that a consortium of which its subsidiary Clough is a member, has been selected as the preferred bidder to develop a section of the Inland Rail project, in Queensland.
The Regionerate Rail consortium comprises Clough, the Plenary Group, GS Engineering and Construction, Webuild and Service Steam.
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Comair switches line maintenance of its airliners from Lufthansa Technik to SAA Technical
South African private sector airline group Comair has announced that, as a pre-emptive precaution, it has transferred the line maintenance of its fleet to South African Airways Technical (SAAT) from the South African operation of Lufthansa Technik. This was because the South African Civil Aviation Authority (SACAA) had made a number of findings regarding Lufthansa Technik, following its recent review of its maintenance facility at OR Tambo International Airport, east of Johannesburg. While Lufthansa Technik passed its routine SACAA audit last month, an unscheduled SACAA review in recent days found a number of issues (known as “findings”) at the facility. These have to be addressed within 24 hours or its Approved Maintenance Organisation licence would be suspended (which would be on Wednesday).
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Comair switches line maintenance of its airliners from Lufthansa Technik to SAA Technical
South African private sector airline group Comair has announced that, as a pre-emptive precaution, it has transferred the line maintenance of its fleet to South African Airways Technical (SAAT) from the South African operation of Lufthansa Technik. This was because the South African Civil Aviation Authority (SACAA) had made a number of findings regarding Lufthansa Technik, following its recent review of its maintenance facility at OR Tambo International Airport, east of Johannesburg. While Lufthansa Technik passed its routine SACAA audit last month, an unscheduled SACAA review in recent days found a number of issues (known as “findings”) at the facility. These have to be addressed within 24 hours or its Approved Maintenance Organisation licence would be suspended (which would be on Wednesday).
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Intergovernmental dispute reinstituted to aid Delta Air Lines’ application, says Maynier
Western Cape Finance and Economic Opportunities Minister David Maynier says he will continue to apply the necessary pressure to secure a triangular route for US airline Delta Air Lines between Atlanta, Georgia, in the US, and Johannesburg and Cape Town. Delta had applied to operate a triangular route between Atlanta, Johannesburg and Cape Town in May 2021. The application has yet to be processed, despite “being urgent precisely because tourism is a significant contributor to job creation and economic growth in the Western Cape,” Maynier points out.
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Intergovernmental dispute reinstituted to aid Delta Air Lines’ application, says Maynier
Western Cape Finance and Economic Opportunities Minister David Maynier says he will continue to apply the necessary pressure to secure a triangular route for US airline Delta Air Lines between Atlanta, Georgia, in the US, and Johannesburg and Cape Town. Delta had applied to operate a triangular route between Atlanta, Johannesburg and Cape Town in May 2021. The application has yet to be processed, despite “being urgent precisely because tourism is a significant contributor to job creation and economic growth in the Western Cape,” Maynier points out.
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Moove raises $105m to take its African financing model global
Mobility fintech group Moove has raised $105-million in a Series A2 funding round, consisting of equity and debt. This newest round of funding was led by existing investors, Speedinvest, Left Lane Capital and thelatest.ventures, with participation from…
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Moove raises $105m to take its African financing model global
Mobility fintech group Moove has raised $105-million in a Series A2 funding round, consisting of equity and debt. This newest round of funding was led by existing investors, Speedinvest, Left Lane Capital and thelatest.ventures, with participation from…
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Grindrod, Vitol to invest R1.8bn in Maputo’s Matola Terminal expansion
Freight services and banking group Grindrod will spend its share of R1.8-billion to upgrade the Matola drybulk terminal at the Port of Maputo, in Mozambique. The JSE-listed Gindrod holds a 65% share in the Matola Terminal joint venture (JV), with energ…