government bailouts Archives - Airspace Africa https://airspace-africa.com/tag/government-bailouts/ Latest news and insights from the aviation and travel industry in Africa Thu, 22 Jun 2023 10:07:55 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.2 https://airspace-africa.com/wp-content/uploads/2021/05/cropped-African-Airspace-Logo-Favicon-01-32x32.png government bailouts Archives - Airspace Africa https://airspace-africa.com/tag/government-bailouts/ 32 32 TACV Cabo Verde Airlines Receives State Endorsement for the Rental of a Boeing 737 MAX 8 https://airspace-africa.com/2023/06/22/tacv-cabo-verde-airlines-receives-state-endorsement-for-the-rental-of-a-boeing-737-max-8/?utm_source=rss&utm_medium=rss&utm_campaign=tacv-cabo-verde-airlines-receives-state-endorsement-for-the-rental-of-a-boeing-737-max-8 https://airspace-africa.com/2023/06/22/tacv-cabo-verde-airlines-receives-state-endorsement-for-the-rental-of-a-boeing-737-max-8/#respond Thu, 22 Jun 2023 10:04:47 +0000 https://airspace-africa.com/?p=10422 TACV Cabo Verde Airlines, the national carrier of Cape Verde, has obtained the approval of the Government of the Republic of Cape Verde for a state guarantee amounting to 5.8 million dollars. The endorsement aims to support TACV in its investment program, specifically for the acquisition of a second aircraft, a Boeing 737 MAX 8 [...]

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]]> https://airspace-africa.com/2023/06/22/tacv-cabo-verde-airlines-receives-state-endorsement-for-the-rental-of-a-boeing-737-max-8/feed/ 0 South African Airways Receives R 1 Billion Boost from Government to Settle Outstanding Obligations https://airspace-africa.com/2023/02/24/south-african-airways-receives-r-1-billion-boost-from-government-to-settle-outstanding-obligations/?utm_source=rss&utm_medium=rss&utm_campaign=south-african-airways-receives-r-1-billion-boost-from-government-to-settle-outstanding-obligations https://airspace-africa.com/2023/02/24/south-african-airways-receives-r-1-billion-boost-from-government-to-settle-outstanding-obligations/#respond Fri, 24 Feb 2023 05:09:22 +0000 https://airspace-africa.com/?p=9213 South African Airways (SAA) has received a boost in its efforts to return to profitability, following an announcement by the South African government that it will allocate R 1 billion ($54.4 million) towards settling some of the outstanding obligations related to SAA’s 2020 Business Rescue Plan. The allocation is part of the government’s commitment to [...]

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]]> https://airspace-africa.com/2023/02/24/south-african-airways-receives-r-1-billion-boost-from-government-to-settle-outstanding-obligations/feed/ 0 State again breathes life to Cabo Verde Airlines https://airspace-africa.com/2022/12/10/state-again-breathes-life-to-cabo-verde-airlines/?utm_source=rss&utm_medium=rss&utm_campaign=state-again-breathes-life-to-cabo-verde-airlines https://airspace-africa.com/2022/12/10/state-again-breathes-life-to-cabo-verde-airlines/#respond Sat, 10 Dec 2022 11:44:22 +0000 https://airspace-africa.com/?p=8653 The government of the Republic of Cape Verde has approved further endorsement for the national airline TACV “to support the its treasury allowing the continuity of the operations and activities foreseen for the current year of 2022”. This time it is about a loan of 250 million Cape Verdean Escudos (around USD 2.3 million). With this, [...]

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