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South Africa cuts off funding line to state-owned airline

Bloomberg South African Airways (SAA) has been denied any further funding by its government owner as the national carrier looks for ways to recover from the coronavirus crisis and a local form of bankruptcy protection. The airline’s administrators, who were put in charge in December, were told by the state to instead source cash from available resources, according to a ...

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Covid-19: China air-passenger traffic falls 54%

Bloomberg Air-passenger traffic slumped 54% in China in the first three months of 2020 as the coronavirus outbreak and related travel restrictions decimated demand. China’s aviation industry lost 39.8 billion yuan ($5.6 billion) in the first quarter, with airlines accounting for 33.6 billion yuan, the Civil Aviation Administration of China (CACC) said at a briefing in Beijing on Wednesday. Passenger ...

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Four million visits to UAE government portal in Q1

DUBAI / WAM The number of visitors to the official portal of UAE government (U.AE) exceeded 2.9 million during the first quarter of 2020, a rise of 56.63 percent from the first quarter of 2019, the Telecommunications Regulatory (TRA) announced. The authority added that there were four million visits to the portal in the first quarter of this year, while ...

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