By James Geldenhuys; Head of Aircraft Finance: Nedbank CIB One of the most common responses to the struggles experienced by any state-owned enterprise the world over is to suggest that it be privatised. Recently the South African SOE that has been the primary target of such recommendations by the public is our national carrier, SAA. [...]
By James Geldenhuys; Head of Aircraft Finance: Nedbank CIB The widespread lockdown response to Covid-19 has meant that the vast majority of aircraft of all shapes and sizes have effectively been grounded. But while the immediate impact of operational shutdowns has been felt by every airline in the world, the long-term repercussions of the pandemic [...]
James Geldenhuys, Head of Aircraft Finance at Nedbank CIB, discusses this with Comair’s Financial Director, Kirsten King. Some of the challenges Comair is experiencing in the highly competitive SA market are fleet availability constraints, capacity planning and maintenance. Strategies are focused on gaining either volume or yield. However, in the low-cost carrier market demand is [...]
By James Geldenhuys, Head of Aircraft Finance; Nedbank CIB Africa comprises 2.2%* of the global market in terms of Revenue Passenger Kilometers (RPK), which measures actual passenger traffic. This might be a small number on a global scale but is certainly substantial on its own. According to Boeing’s recent Market Outlook, 1190 new aircraft with [...]
By James Geldenhuys, Head of Aircraft Finance; Nedbank CIB While there are aspects of Africa’s aviation industry that remain challenging, the overall state of air travel and aircraft finance on the continent is quite positive, with many carriers managing to weather the political and economic storms of the past few years very well. In South [...]
