SAA joins forces with other African carriers to stave off jet-fuel price crisis

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African airlines are clubbing together to negotiate better prices and a steady flow of jet fuel, a move to help stave off a potential crisis caused by supply issues and soaring costs.

A committee has been formed – including major carriers such as South African Airways and Kenya Airways – to secure deliveries for 12 months starting in July, African Airlines Association secretary-general Abderahmane Berthe said during a briefing in the Kenyan capital, Nairobi.

Jet-fuel prices have escalated to an average of almost 30% of operating costs for African airlines from 20% previously, Kenya Airways chief executive officer Allan Kilavuka said during the Nairobi briefing.

 

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