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Our India Aviation Outlook is used by the leading industry players to shape their strategies and decisions in the market. The 2013/14 edition will be released on 25 May 2013. Click here for more information.
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Air Mauritius confirmed (30-Aug-2012) the appointment of Appalsamy Thomas as chairman of the board and Andre Viljoen as CEO. Mr Thomas is currently Harel Mallac group head of human resources, marketing and communications and Mauritius Telecom chairman. Mr Viljoen was appointed acting CEO of the airline in Dec-2010. [more - original PR]
Air Mauritius is on the road to recovery with an Asia-Africa focused network
Air Mauritius is well on the road to recovery, a year into a five-year plan that aims to implement a new business model that restructures its operations to become less dependent on traditional, but flagging, European markets and instead turn the airline’s focus to the growth markets around the Indian Ocean Rim and Asia.
A seven step recovery plan launched in Feb-2012 as profits crumbled into losses saw Air Mauritius undertake a major network consolidation which involved withdrawing its services to Germany, Italy and Switzerland as well as service reductions to China, Australia and Africa. But, with its network brought back into balance, and profitability restored, Air Mauritius has resumed a growth path with plans to launch a direct service to Beijing and reinstating some suspended routes and capacity in key markets.
RwandAir moves to expand its network as new aircraft join the fleet
RwandAir will focus on route and fleet expansion in 2013, launching direct services to Accra, Douala and Juba coinciding with the delivery of new Boeing 737-700 aircraft and the introduction of a revised schedule at its congested Kigali hub.
RwandAir has reportedly recorded strong growth in recent years, including a 67% increase in passenger numbers in 2012 and increasing revenue by 60% compared to 2011 without increasing capacity.
The state-owned carrier’s CEO John Mirenga said in Jan-2013 that he was "hopeful" the airline will be profitable by 2015, at which time Rwanda's Government may consider selling down part of its holding in the carrier to private investors with a view to a possible stock exchange listing by 2020.
Mr Mirenga expects the airline will handle about 600,000 passengers in 2013, a 50% increase on 2012. The carrier does not expect to increase revenue by the same margin due to the pressure on fares.
The airline said in Nov-2012 it plans to expand its fleet from seven to 17 aircraft over the next five years and commence services to Europe and China in 2015.