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Angola preparing partial sale of state airline

Bloomberg The board of Angolan airline Empresa Linhas Aereas De Angola E.P. is preparing to sell part of the state-owned airline, Chief Executive Officer Rui Carreira said. The airline, also known as TAAG, will begin a “gradual” process of creating “adequate and attractive conditions, adding value” for private investors, Carreira said in an audio clip emailed by the company. The ...

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dnata bags GDP certification for ‘pharma cargo’

Zürich / Emirates Business­­­­­ dnata, one of the world’s largest air services providers, has been awarded the Good Distribution Practice (GDP) certification for the pharmaceutical handling services at the company’s state-of-the-art facility in Zürich. GDP is a program focussed on systems for warehouses and distribution centers that store and distribute products that are medicinal or carry active pharmaceutical ingredients. Setting ...

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Some Nigerian airlines face risk of collapse over debt

Bloomberg Some Nigerian airlines are facing the risk of collapse under the weight of huge debts, according to the country’s Asset Management Corporation of Nigeria, set up to rescue banks from bad loans. “The industry remains in the throes of airlines burdened with debts, under administration or on the borderline of collapse,” Amcon chief executive Ahmed Kuru said at a ...

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