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Cash-in-transit heists could lead to losses of R470m, Parliament hears

By: News24Wire      14th June 2018 Cash-in-transit heists will lead to cash losses of R470-million this year if the current trend continues, the Portfolio Committee on Police heard on Wednesday. The meeting brought together a range of stakeholders concerned with cash-in-transit heists, including the South African Banking Risk... 

Plans for second runway at Kenya’s main airport in the balance

By: John Muchira     8th June 2018 Plans to construct a second runway at Kenya's Jomo Kenyatta International Airport (JKIA) are hanging in the balance, following an announcement by government that it was reviewing the economic viability of the project. Despite the Kenya Airports Authority (KAA) floating tenders for the project,... 

Jet engines help power cobalt to 10-year highs

By: Reuters     24th May 2018 The spotlight in the cobalt market has been fixed on electric vehicles but shrinking supply and robust demand from traditional sectors such as jet engine makers are helping fuel a price rally that shows no signs of fading. Cobalt in recent years has become synonymous with electric vehicles as it... 

DST outlines plans to boost mining, manufacturing

By: Kim Cloete     9th May 2018 The Department of Science and Technology (DST) has outlined its investments in innovations in mining, with R186-million over the next three years being earmarked for targeted research and development to modernise South Africa’s mining industry. Science and Technology Minister Mmamoloko... 

Boeing wins a trifecta of commercial aircraft orders

By: Rebecca Campbell     11th April 2018 US aerospace giant Boeing has announced a series of orders for its commercial aircraft during this month so far. The orders are for 737 MAX 10 single-aisle and 787 Dreamliner wide-body airliners and 777 freighter aircraft. The three deals have a total value of some $19.94-billion. The first... 

Trump's trade war is derailing copper rally that he kickstarted

By: Bloomberg     27th March 2018 President Donald Trump’s pro-business agenda helped start the copper rally, and now he is upending it with protectionist trade policies that threaten to derail a boom in the world’s economies. Copper prices are poised for their first quarterly drop since before Trump’s shock election victory... 

Aerosud Aviation warns of tough times for the South African aerospace industry

By: Rebecca Campbell     16th March 2018 South Africa’s largest private-sector commercial aviation aerostructures manufacturing company, Aerosud Aviation (a wholly-owned subsidiary of Aerosud Holdings), warns that the local aerospace industry is going through tough times and is not receiving the kind of support that competitors in other... 

Airbus reports strong single-aisle aircraft demand

By: Rebecca Campbell     26th January 2018 Airbus Commercial Aircraft President Fabrice Brégier is very optimistic about the state of the global airliner market and the prospects it offer the company. “The market is still very active; the growth is, in China … still more than 10% year-on-year – on [sic] such a big market, we are having 1... 

Airbus executive see bright future for airliner sector

By: Rebecca Campbell     16th January 2018 Airbus Commercial Aircraft President Fabrice Brégier is very optimistic about the state of the global airliner market and the prospects it offers the company. “The market is still very active; the growth is, in China … still more than 10% year-on-year – on [sic] such a big market, we are having 1... 

Second runway to be built at Kenya’s Jomo Kenyatta International Airport

By: John Muchira     10th November 2017 A second runway is to be built at Kenya's Jomo Kenyatta International Airport (JKIA) in an effort to transform the airport into a world-class facility. The new runway, to be built at a cost of $351.8-million, is designed to ease pressure on the exiting runway and to nearly double the aircraft... 

Large national manufacturers not main determinant of aerospace success

By: Keith Campbell     10th November 2017 Germany serves as a leading example of a country that has a major and successful aeronautical industry but does not have a single wholly- or predominantly-German owned aerospace original equipment manufacturer (OEM). This was highlighted by Deutsche Zentrum für Luft- und Raumfahrt (DLR – German... 

Africa’s State-owned airlines underperforming

By: Anine Kilian     13th October 2017 State-owned airlines in Africa are not operating at the capacity they should be, says Boeing sub-Saharan Africa MD Miguel Santos. Speaking to Engineering News Online on the sidelines of the Airlines Association of Southern Africa’s forty-seventh annual general assembly, in KwaZulu-Natal, he noted... 

SKY WARS

6th October 2017 Late last month, the US Commerce Department slapped import duties of 220% on Bombardier’s new C Series jetliner, which cost at least $6-billion to develop. The protection, which followed a compliant by Boeing, was justified on the basis of Bombardier receiving improper subsidies. Bloomberg... 

Comair shows strong profit growth in tough conditions

By: News24Wire      12th September 2017 Comair issued its annual financial results on Tuesday, reporting a 54% increase in profits to R297m and a 28% increase in cash generated by its operations. Comair operates under its low-cost airline brand, kulula.com, as well as under the British Airways livery, as part of its British Airways... 

Self-protection system set for 2020 completion

1st September 2017 Helicopter manufacturer Airbus Helicopters has contracted defence and security company Saab to produce the Integrated Defensive Aids Suite (IDAS) self-protection system for the H225M Caracal multirole utility helicopters, with deliveries scheduled for 2020. 

Industry support evident despite challenges

By: Victor Moolman     1st September 2017 Although the lack of meaningful government involvement has been one of the biggest challenges in the industry, the Aeronautical Society of South Africa (AeSSA) still get support from the Aerospace Industry Support Initiative (AISI), which is part of the Department of Trade and Industry’s... 

Comair reports its diversification strategy is working

By: Keith Campbell     28th July 2017 South African airline group Comair Limited’s strategy of countering the weak local air passenger market by diversifying its business is proving successful, reports company CEO Erik Venter. “It’s working very well. About 20% of our profits are coming from our non-airline businesses and we’re... 

Local airline group Comair reports its diversification strategy is working 

By: Keith Campbell     12th July 2017 South African airline group Comair Limited’s strategy of countering the weak local air passenger market by diversifying its business is proving successful, company CEO Erik Venter told Engineering News Online on Wednesday. “It’s working very well. About 20% of our profits are coming from our... 

Initiative addresses barriers to expand aerospace manufacturing

By: Nica Schreuder     23rd June 2017 The aerospace industry has, among others, two important international players – Airbus and Boeing. This applies to local aerospace as well as international aerospace manufacturing industries, all competing to be part of the global supply chain. Aerospace manufacturing in South Africa is dependent... 

Better supply chains will help turn SA business around

9th June 2017 As South Africa slips into recession following two consecutive quarters of negative growth, supply chain experts met in Cape Town at SAPICS 2017 this week to share ways of keeping business competitive in a volatile but tech-enhanced world.   Geo-politics, trade rules and robotics jostled on the... 

Boeing unveils plans to lower costs of launching small satellites

By: Dylan Slater     9th June 2017 US aerospace company Boeing and the US Defense Advanced Research Projects Agency (Darpa) announced last month that they would collaborate on a project to design, build and test a technology demonstration vehicle capable of launching small payloads into low earth orbit as part of Darpa’s... 

Boeing business internship 2018 programme application period to open next week

By: Keith Campbell     1st June 2017 Giant US aerospace and defence group Boeing on Thursday announced that the application period for its International Business Internship Programme (IBIP), which is now open to South African students, will start on June 6 and close on July 15. This registration period for internships that will run... 

Supply chain practitioners aim for global benchmarks

17th May 2017 It is forecast that there will be 25 billion sensor devices connected to the ‘internet of things’ (IoT) by the year 2020;[1] this bodes well for the supply chain profession as almost 80% of organisations experience inadequate visibility of their supply chains.[2]   Sensor technology is allowing... 

Boeing launches concepts for deep space portals and transport systems

By: Dylan Slater     21st April 2017 US aerospace company Boeing unveiled concepts earlier in April for the deep-space gateway and transport systems that could help achieve US space agency the National Aeronautics and Space Administration’s (Nasa’s) goal of having robust human space exploration from the moon to Mars.  

VSMPO grants SMS group FAC for a combined forging/ring rolling line for titanium alloys

9th March 2017 VSMPO-AVISMA Corporation from Yekaterinburg (Russia) has granted SMS group www.sms-group.com the final acceptance certificate (FAC) for the supplied ring rolling plant. The new plant produces jet engine rings made of titanium alloys. With the new ring rolling plant, consisting of a PL 8000-V3... 

MAX FAMILY

24th February 2017 Earlier this month, Boeing reported that it plans to fly its new 737 MAX-9 aircraft for the first time in April. Pictured above is the jetliner on the production floor at the company's manufacturing facility in Renton, Washington, in the US. The plane maker is creating up to five MAX versions and... 

Airbus very happy with its 2016 production and delivery results

By: Keith Campbell     11th January 2017 Despite 2016 being an “unusually difficult year from a production perspective”, European airliner manufacturer Airbus Commercial Aircraft met all its delivery targets for the year, company president Fabrice Brégier told journalists worldwide on Wednesday. “I’m very proud to tell you we have... 

Govt appoints consultants to help decide future course for airlines

By: Keith Campbell     2nd December 2016 A notice (NT008-2016) on the website of National Treasury has confirmed that a joint venture between Bain and Company South Africa and Abacus Advisory has been appointed the “professional service provider(s) for developing the optimal group corporate structure for the realignment of the... 

Armscor cancels intercontinental jet tender for Air Force

By: Keith Campbell     4th November 2016 South Africa’s defence acquisition, disposals and research and development agency Armscor has announced that it had cancelled the tender “for the lease of an intercontinental aircraft” for the South African Air Force (SAAF). This probably refers to the project to obtain a new Presidential VIP... 

Global Pilot Shortage May Lure Saa Pilots Abroad

28th October 2016 Global Pilot Shortage May Lure Saa Pilots Abroad   The aviation industry is facing a global pilot shortage. This was initially thought to only be a threat in the rapidly expanding Middle East and Asian markets, but the shortage has spread to North America, Europe and Africa, suggesting that... 

SAA offers more flights to Mauritius

By: Megan van Wyngaardt     29th September 2016 Embattled South African Airways (SAA) has added capacity on its Mauritius route, with the introduction of the bigger Airbus A330-200. From October 1, the airline will use the new aeroplane, which adds extra capacity of 200 seats a week, operating flights SA190/SA191 on Mondays, Wednesdays and... 

SA government to lease, then buy, VIP aircraft

By: Keith Campbell     23rd September 2016 The South African Air Force (SAAF) will acquire a VIP aircraft for Presidential travel, Defence and Military Veterans Minister Nosiviwe Mapisa-Nqakula affirmed last week, reported specialist news website Defenceweb. While this acquisition process is under way, an aircraft will be leased to... 

Comair FY profits down in tough climate

By: Natasha Odendaal     13th September 2016 JSE-listed airliner Comair on Tuesday posted a 12% dip in profit after tax to R193-million for the year to June 30. Headline earnings a share for the year under review declined to 36.5c, from the prior year’s 47.9c, while earnings a share decreased from 47.8c in 2015 to 41.5c in 2016. 

New VIP jet for South Africa will be bought, says Defence Minister 

By: Keith Campbell     13th September 2016 The South African Air Force (SAAF) will acquire a new VIP aircraft for presidential travel, Defence and Military Veterans Minister Nosiviwe Mapisa-Nqakula affirmed on Tuesday, reported specialist news website Defenceweb. While this acquisition process is under way, an aircraft will be leased to... 

UAVs lead way for smaller aerospace manufacturers

By: Sebastian Whyle     26th August 2016 Unmanned aerial vehicles (UAVs) – commonly referred to as drones – have led the way in introducing smaller manufacturers to what has typically been a large-scale industry, says South African aerospace-focussed programme National Aerospace Centre (NAC) director Philip Haupt.  

Global defence aviation market predicted to expand, but competition to rise too

By: Keith Campbell     5th August 2016 European aerospace and defence company Airbus Defence and Space (Airbus DS) expects the global defence market to grow at an annual average rate of 2.4% between now and 2020. Currently, total global defence expenditure is estimated at about €400-billion. In terms of regions, defence spending in... 

SAA, Mango fly first biofueled plane on the continent 

4th August 2016 Aircraft manufacturer Boeing, along with South African Airways and its low-cost carrier Mango, celebrated Africa’s first commercial passenger flights using sustainable aviation biofuel in July.  

Supercomputers deliver $500m savings in BHP hunt for oil

By: Bloomberg     29th July 2016 Supercomputers that create 3-D seismic maps of BHP Billiton’s oil and gas assets are accelerating work to bring new fields into production and have already notched savings of $500-million in development costs at a project in the Caribbean. The computers are among initiatives aimed at using... 

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