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Investec (UK/South Africa) appoints Colin Storrie to investment committee of IGAF

posted Sep 15, 2010, 7:15 AM by Rowan Hewitt

Investec (UK/South Africa) appoints Colin Storrie to investment committee of its Australian-based global aircraft fund, IGAF. IGAF is currently executing new aircraft acquisitions in effort to increase aircraft portfolio to US$1 billion within next 12 months.

BAE Systems (UK) sells four Avro RJ85s to SA Airlink (South Africa), together with lease extension on two J41s. RJ85s to be delivered between September 2010 and January 2011, replacing carrier’s BAe 146s.

Air Zimbabwe chairman Jonathan Kadzura tells pilots to consider themselves fired after not returning to work following 24 hours deadline.

South African Airways posts net income up 45 percent to US$81.3 million in 12 months though March 2010 from US$56.2 million year earlier.

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