July 16- Ryanair has slashed its growth plans for next summer, blaming delays in deliveries of Boeing's grounded 737 MAX jet, lifting the shares of rival airlines which had feared a surge in new planes would hit ticket prices. Europe's largest budget airline, which has firm orders for 135 of the 737 MAX, is one of Boeing's biggest customers for the plane.
GARA-BOKKA, Ethiopia/ NAIROBI, July 11- A week after Boeing Co offered $100 million to help families and communities affected by the deadly crashes of its 737 MAX planes in Ethiopia and Indonesia, affected farmers in Ethiopia, victims' relatives and the Kenyan and Ethiopian governments say they have not heard anything about the funds. Farmers where an Ethiopian...
BRUSSELS, July 10- The boss of Europe's Ryanair Holdings warned on Wednesday the impact of the prolonged grounding of Boeing Co's 737 MAX on the airline's growth plans may start to spill over to next summer if the airplane is not flying again by November. Europe's largest budget carrier needs up to eight months to take delivery of some 50 newly built planes left at...
BRUSSELS, July 10- The boss of Europe's Ryanair Holdings warned on Wednesday the impact of the prolonged grounding of Boeing Co's 737 MAX on the airline's growth plans may start to spill over to next summer if the airplane is not flying again by November. Europe's largest budget carrier needs up to eight months to take delivery of some 50 newly built planes left at...
BRUSSELS, July 10- Ryanair may have to trim plans to grow its capacity in the summer of 2020 if the grounded 737 MAX is not flying again by November because of the rate at which it needs to take new deliveries over the winter, its chief executive said on Wednesday. Boeing's top-selling jet has been grounded in the wake of deadly crashes in Ethiopia and Indonesia in the...
RIYADH, July 7- Saudi Arabian budget airline flyadeal will operate an all Airbus A320 fleet in the future, it said in a statement on Sunday, months after it announced it was reconsidering a Boeing order. The airline is to take delivery from 2021 of 30 A320neo jets that were ordered by its parent, state-owned Saudi Arabian Airlines, at the Paris Air Show in June, it said...
NAIROBI, July 5- Ethiopia will award two telecoms licenses to multinational mobile companies, a senior official said on Friday, in the first detailed announcement of the government's plans for opening one of the world's last major closed telecom markets. The government will also offer a minority stake in Ethio Telecom, the monopoly operator, and foreign firms...
NAIROBI, July 5- Ethiopia will award two telcos licenses to multinational mobile companies, a senior official said on Friday, in the first detailed formal announcement of the government's plans for opening one of the world's last major closed telecom markets. The government will also offer a minority stake in Ethio Telecom, the monopoly operator, and foreign...
NAIROBI, July 5- Ethiopia will award two telecoms licenses to multinational mobile companies, a senior official told Reuters on Friday, in the first detailed formal announcement of the government's plans for opening one of the world's last major closed telecoms markets. The government will also offer a minority stake in Ethio Telecom, the monopoly operator,...
ETHIOPIA SAYS THE TWO FOREIGN FIRMS ARE EXPECTED TO JOIN TELECOM MARKET IN EARLY 2020- FANA.
ETHIOPIA SAYS THE TWO FOREIGN FIRMS WILL JOIN MARKET THROUGH BID- FANA.
Kenya, Ghana, eSwatini, Madagascar and Egypt are all in the race. Those in the race represent the continent's main regions: Kenya from the east, Ghana from the west, eSwatini for southern Africa, Madagascar for the Indian Ocean islands and Egypt representing the north. Egypt is one of the oldest members of the African Union and enjoys strong relations with African...
SEATTLE/ CHICAGO, July 3- Boeing Co said on Wednesday it would give $100 million over multiple years to local governments and non-profit organizations to help families and communities affected by the deadly crashes of its 737 MAX planes in Indonesia and Ethiopia. The move appears to be a step toward repairing the image of the world's largest planemaker, which...
SEATTLE/ CHICAGO, July 3- Boeing Co said on Wednesday it would give $100 million over multiple years to local governments and non-profit organizations to help families and communities affected by the deadly crashes of its 737 MAX planes in Indonesia and Ethiopia. Boeing is being investigated by global regulators and U.S. lawmakers over the development of the...
BOEING PROMISES $100 MLN FOR' FAMILY AND COMMUNITY' NEEDS FOR THOSE AFFECTED BY 737 MAX CRASHES IN INDONESIA, ETHIOPIA.
PPC, which operates in six African countries, said its headline earnings per share for the year ended March 2019 increased to 20 cents from 15 cents a year earlier. Headline EPS is the main profit measure in South Africa that strips out certain one-off items. The company's revenue rose 1% to 10.4 billion rand as growth in cement volumes was held back by weak demand...
*Boeing 737 MAX grounded since Ethiopian Airlines crash. *FAA identifies new risk with 737 MAX that Boeing must address. PARIS, June 27- Airlines on Thursday urged global regulators to coordinate on measures needed to bring the grounded 737 MAX jetliner back into service, as Boeing grappled with a new technical glitch and investors sold shares of suppliers over...
The FAA did not elaborate on the latest setback for Boeing, which has been working to get its best-selling airplane back in the air following a worldwide grounding in March in the wake of two deadly crashes within five months. The FAA will spend at least two to three weeks reviewing the results before deciding whether to return the plane to service, the people said.
The FAA did not elaborate on the latest setback for Boeing, which has been working to get its best-selling airplane back in the air following a worldwide grounding in March in the wake of two deadly crashes within five months. The new issue means Boeing will not conduct a certification test flight until July 8 at the earliest, the sources said, and the FAA will spend...
The new issue means Boeing will not conduct a certification test flight until July 8 at the earliest, the sources said, and the FAA will spend at least two to three weeks reviewing the results before deciding whether to return the plane to service. Last month, FAA representatives told members of the aviation industry that approval of the 737 MAX jets could happen...
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