Acquisitions involving nominal amounts have rescued failing businesses, including Chelsea soccer club and General Motors
As with the ban on SAA flying to the United States in 1986, political pragmatism will eventually be trumped by economic realities
Both companies have an equal passion for aviation, quality and precision
Former SAA board chair Cheryl Carolus recounted how Gigaba seemingly pushed the airline to drop the critical route between Johannesburg and Mumbai
Persian Gulf countries have announced deals worth $15-billion for the latest fuel-efficient aircraft and other planes made by Boeing and Airbus.
No image available
/ 16 November 2007
Five people were injured when an Airbus A340-600 carrying out a ground engine test in France slammed into a wall, the company said on Friday in a press statement. Of those injured, three remained in hospital on Friday. Nine people were taken to hospital to be examined after the accident, which took place late on Thursday.