saa

  1. Hanno Labuschagne

    Mango must be sold to private buyer

    Mango must be sold to private buyer Troubled state-owned airline South African Airways (SAA) must sell its low-cost airline Mango to a private buyer, the company's business rescue plan has proposed. This comes after the SAA Group informed Mango's business rescue practitioner, Sipho Sono, that...
  3. Hanno Labuschagne

    New airline planned to fill SAA vacuum

    New airline planned to fill SAA vacuum A new airline, Skylink Airways, has been established with the aim of filling the vacuum left by South African Airways (SAA). AeroTime Hub reported that Skylink Airways was founded by South African entrepreneur Clarence Andrea Steyn. Steyn told Aero...
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    Government wastes R5 million to fly empty aeroplane to fetch vaccines

    Government wastes R5 million to fly empty aeroplane to fetch vaccines The South African government’s decision to send an empty South African Airways aircraft to fetch a batch of Johnson & Johnson vaccines from Brussels is a waste of money. This is the view of Grant Back, commercial airline...
  5. J

    SAA workers struggling without salaries

    SAA workers struggling without salaries Many South African Airways (SAA) employees have not received salaries for almost a year as unions continue to push for workers to receive their full salaries in arrears, according to a report by the Sunday Times. These workers have had to make drastic...
  6. J

    Big payday for SAA business rescue practitioners

    Big payday for SAA business rescue practitioners The business rescue process for South African Airways (SAA) has cost South African taxpayers a total of R169 million, according to a report by the Sunday Times. According to documents seen by the publication, R169 million was paid to six...
  7. J

    Fate of "New SAA" to be decided soon

    Fate of "New SAA" to be decided soon The fate of South African Airways hangs in the balance ahead of Finance Minister Tito Mboweni's mini-budget speech later this month. Private banks have refused to provide funding for the bankrupt state airline, and the government is scrambling to find a...
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    Concerns that the government will use COVID-19 relief funds to bail out SAA

    Concerns that the government will use COVID-19 relief funds to bail out SAA The government will be forced to appropriate funds from other initiatives to help fund the R10.4-billion it has promised to the funding of a "New SAA", according to a report by the Sunday Times. The report said there...
  9. J

    Outgoing Mango CEO weighs in on plans for new SAA

    Outgoing Mango CEO weighs in on plans for new SAA Outgoing Mango CEO and former SAA acting CEO Nico Bezuidenhout has said the restructured national airline which is born out of SAA's business rescue plan must be free from political interference if it wants to be successful. Speaking to the...
  10. J

    Why the government's attempt to compare Telkom to SAA is flawed

    Why the government's attempt to compare Telkom to SAA is flawed The government recently announced that it wants to replicate Telkom’s public-private partnership to save the insolvent South African Airways (SAA). The Department of Public Enterprises (DPE) said it has started negotiations with...
  11. S

    New SAA will prioritise equal employment over experience for pilots

    https://mybroadband.co.za/news/government/362260-new-saa-will-prioritise-equal-employment-over-experience-for-pilots.html
  12. J

    "New SAA" - What will be different

    "New SAA" - What will be different The South African government is considering a business model which would see South African Airways (SAA) winded down and replaced with a new state-owned airline. Speaking to the City Press, public enterprises spokesperson Richard Mantu said the department was...
  13. J

    SAA has two choices - Fire all staff or liquidate

    SAA has two choices - Fire all staff or liquidate South African Airways administrators delivered a stark choice to those opposing their plan to fire the entire workforce and sell assets: It’s either that or full liquidation. The state-owned carrier doesn’t have funds to continue trading nor...
  14. J

    SAA turnaround plans – We’ve heard it all before

    SAA turnaround plans – We’ve heard it all before Government representatives - including Public Enterprises minister Pravin Gordhan - met with the unions of SAA workers recently to discuss the future of the embattled airline. At this meeting, unions agreed to work with the government to ensure...
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    SAA shuts down all flights except Joburg-Cape Town

    SAA shuts down all flights except Joburg-Cape Town South African Airways has suspended all operations except for its flight route to Cape Town until 31 May 2020. “SAA will immediately suspend all regional and international operations until the end of May in response to a government travel ban...
  16. J

    SAA could get unlikely help from coronavirus outbreak

    SAA could get unlikely help from coronavirus outbreak While international airlines have been blindsided by the impact of the coronavirus on global travel, the outbreak may bring unexpected benefits for South African Airways as it battles to lower costs. A sharp reduction in international...
  17. J

    Retrenchment process begins at SAA

    Retrenchment process begins at SAA The business rescue practitioners (BRPs) of South African Airways (SAA) have announced that they will begin consultations with employees under Section 189 and 189A of the Labour Relations Act. Notices of the consultation were issued to all the recognised...
  18. J

    South Africa's most successful companies vs Eskom and SAA

    South Africa's most successful companies vs Eskom and SAA South Africa's state-owned companies are in bad shape, with Eskom facing years of load-shedding to keep the national grid alive and SAA embroiled in a painful business rescue process. The state-owned airline was recently forced to cut a...
  19. J

    SAA desperately needs its government bailout

    SAA desperately needs its government bailout South African Airways has yet to receive the R2-billion bailout it was promised by the government last year and is growing desperate as another payment deadline approaches. Speaking to Rapport, National Treasury confirmed that SAA had not yet...
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    The plan to merge SAA's operations with Ethiopian Airlines

    The plan to merge SAA's operations with Ethiopian Airlines One of the proposed solutions to the problems at South African Airways (SAA) is to merge the company's operations with another major African airline, the Sunday Times reports. According to an internal document written by former SAA CEO...
  21. J

    SAA to receive additional funding from government

    SAA to receive additional funding from government South African Airways will receive additional state funding after Chief Executive Officer Vuyani Jarana resigned over what he said was a lack of government support for the loss-making carrier. Finance Minister Tito Mboweni included the...
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