• Contact Us
  • About Us
  • Advertisement
  • Privacy & Policy
Thursday, July 3, 2025
SUBSCRIBE
The Brief | Namibia's Leading Business & Financial News
13 °c
Columbus
19 ° Tue
21 ° Wed
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
  • e-edition
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
  • e-edition
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
TB image banner 750x140
Home Latest

African airlines join forces to fight jet-fuel price crisis

by editor
May 10, 2022
in Latest
47
A A
57
SHARES
951
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

African airlines are clubbing together to negotiate better prices and a steady flow of jet fuel, a move to help stave off a potential crisis caused by supply issues and soaring costs. 

You might also like

NamRA rules out extension to individual tax return deadline

Pupkewitz Megabuild reclaims Most Affordability in June

Know your winter vegetables and how to grow them


A committee has been formed – including major carriers such as South African Airways and Kenya Airways – to secure deliveries for 12 months starting in July, African Airlines Association Secretary-General Abderahmane Berthe said during a briefing in the Kenyan capital, Nairobi.

“We are in the last round of negotiations, the process will end in June,” he said. 

The talks started even before a weekend of turmoil in Nigeria, Africa’s most populous country, where airlines threatened to stop flying until further notice in response to surging fuel prices following Russia’s invasion of Ukraine. They later called off the plan after the government agreed to hold talks with The Airline Operators of Nigeria trade group to try and seek a resolution. Nigeria has 23 carriers, mostly very small.

In South Africa, the country’s airports operator said some airlines have been cancelling flights due to fuel-supply issues and pledged to remedy the situation.

Jet-fuel prices have escalated to an average of almost 30% of operating costs for African airlines from 20% previously, Kenya Airways Chief Executive Officer Allan Kilavuka said during the Nairobi briefing.

“We are looking at other areas where we can control costs,” the CEO said. Kenya Airways was already struggling to survive before the recent upheaval, suffering years of losses and rising debt.

The African Airlines Association’s Berthe said one of the continent’s long-standing aviation problems is there are too many airlines for the amount of travel demand.

“Every country wants to have a national carrier, they want to create a hub — this is not possible,” he said. “We may need six or seven global operators and some intra-African operators with the two systems working together to create code share agreements.”-fin24

author avatar
editor
See Full Bio
Tags: africa news
Share23Tweet14Share4
Previous Post

SA energy fund to provide emergency jet fuel for Joburg airport – Acsa

Next Post

Angola’s first IPO to spur wave of listings

Recommended For You

NamRA rules out extension to individual tax return deadline

by reporter
June 30, 2025
0
NamRA rules out extension to individual tax return deadline

The Namibia Revenue Agency (NamRA) maintains that 30 June remains the official deadline for submitting individual income tax returns, urging taxpayers to file without delay. Speaking on the...

Read moreDetails

Pupkewitz Megabuild reclaims Most Affordability in June

by reporter
June 22, 2025
0
Pupkewitz Megabuild reclaims Most Affordability in June

After a surprising shift in May, Pupkewitz Megabuild reclaimed its top spot as the most affordable hardware retailer in Windhoek in June 2025, after Build It had taken...

Read moreDetails

Know your winter vegetables and how to grow them

by editor
May 2, 2025
0
Know your winter vegetables and how to grow them

By Hanks Saisai Wintertime offers an opportune time for farmers to grow a variety of cool weather loving crops. Vegetables grown at the right time typically thrive and...

Read moreDetails

What Namibia can learn from Brand South Africa

by editor
April 22, 2025
0
What Namibia can learn from Brand South Africa

#image_title By Alvaro Mukoroli At the recent MTC Branding and Marketing Indaba, Sithembile Ntombela from Brand South Africa delivered a powerful presentation on nation branding—sharing how the initiative...

Read moreDetails

Pupkewitz Megabuild leads April 2025 affordability

by editor
April 20, 2025
0
Pupkewitz Megabuild leads April 2025 affordability

April 2025's hardware price survey reveals significant shifts in pricing across Windhoek’s leading hardware retailers. Pupkewitz Megabuild continues to offer the most affordable prices, maintaining its position as...

Read moreDetails
Next Post
Angola’s first IPO to spur wave of listings

Angola’s first IPO to spur wave of listings

Related News

FNB, partners assist farmers in fire and drought-stricken areas

FNB, partners assist farmers in fire and drought-stricken areas

October 11, 2021
Govt forecasts N$4bn revenues from Green Hydrogen

Govt forecasts N$4bn revenues from Green Hydrogen

January 11, 2022
Africa Global Logistics signs contract to manage Walvis Bay Multipurpose Bulk Terminal

Africa Global Logistics signs contract to manage Walvis Bay Multipurpose Bulk Terminal

April 8, 2024

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • Namibia
  • namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade
The Brief | Namibia's Leading Business & Financial News

The Brief is Namibia's leading daily business, finance and economic news publication.

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2025 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2025 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.