lkswan747
Expert Member
No, our valuable tax monies have been used and still they battle. Money for jam, KFC et al........
Get rid of them!
Get rid of them!
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Question of the Day: Have you ever ordered a product online and received a fake knock-off?
Do you think SAA should be rescued?
- Thread starter rpm
- Start date
Rocco1
Expert Member
metaphorically speaking... let it crash and burn
My Dog Charlie
Active Member
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SAA for all of its past glory in opening up the airways to international travelers across Africa and the world only to be totally missed managed by under qualified management bent on getting rich quickly should not be so called recused. Sufficient money has already been spent in the attempt to make a dead donkey get up and walk.
The finances pumped into SAA to date would have be enough to purchase many modern airliners, thus establishing a functional company, with perhaps, some National pride..
Pull the plug now, do not wait..............
The finances pumped into SAA to date would have be enough to purchase many modern airliners, thus establishing a functional company, with perhaps, some National pride..
Pull the plug now, do not wait..............
dualmeister
Honorary Master
No. Enough is enough. This flushing money down the toilet has to stop.
Only an ignorant troll or complicit cadre would vote yes
thestaggy
Honorary Master
The way I understand it, government is responsible for the debt. If SAA goes bang then that debt is immediately callable and as we know, our fiscus is stretched wafer thin.
Letting SAA go will be extremely painful (financially), but keeping it going as is is a drain all of its own. The rot has already spread, but you can still save most of the the leg by amputating the foot.
It is sad, but there is a bigger picture. Sustaining these failed SOEs to preserve a few thousand jobs is choking the lives out of millions of South Africans. We just cannot go on like this anymore. We cannot protect employees at SOEs while the rest of the country suffers.
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It can't be rescued. Everyone can see this except the ANC. They fly to all these tom dick and harry African destinations and you are telling me it is profitable to have offices, infrastructure and staff stationed all over Africa to service one flight a day?
The confidence in the airline and the "brand" is long gone. Planes are flying empty. Business people will not stake their jobs on booking flights that may never happen.
Even if it can be cut down operationally (as has been announced recently), it will only "minimise the losses". What pathetic airline only flies to a few cherry picked destinations? I thought this was all about national pride and connecting SA to the world, because without SAA we would be isolated in darkest Southern Africa with no way to leave the country (/sarcasm).
Even if it could become profitable (which it can't with the current routes and planes), how many decades will it take to pay back the R50bn in losses accrued in the past 15 years?
The only reason they have to keep it flying is to minimise the amount of Billions they need to find to bail it out over the coming years.
The confidence in the airline and the "brand" is long gone. Planes are flying empty. Business people will not stake their jobs on booking flights that may never happen.
Even if it can be cut down operationally (as has been announced recently), it will only "minimise the losses". What pathetic airline only flies to a few cherry picked destinations? I thought this was all about national pride and connecting SA to the world, because without SAA we would be isolated in darkest Southern Africa with no way to leave the country (/sarcasm).
Even if it could become profitable (which it can't with the current routes and planes), how many decades will it take to pay back the R50bn in losses accrued in the past 15 years?
The only reason they have to keep it flying is to minimise the amount of Billions they need to find to bail it out over the coming years.
ToxicBunny
Oi! Leave me out of this...
If the government and the unions shut up and let the BRP do their job properly, there is a chance it could be rescued...
But, the only state of rescue that is acceptable from now on, is a fully self-sustaining entity that needs zero tax money injections to remain profitable. If at any point it gets to needing a bailout to stay operation, it should be shut down.
But, the only state of rescue that is acceptable from now on, is a fully self-sustaining entity that needs zero tax money injections to remain profitable. If at any point it gets to needing a bailout to stay operation, it should be shut down.
VooDooC
Expert Member
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Sure, we can keep the national carrier but it should not be in the hands of the government.
Stokstert
Executive Member
Stokstert
Executive Member
No, because if it gets rescued and handed back to the government, looting will start again on a big scale.
LCBXX
Honorary Master
SAA has been bailed out and rescued so that the looting of the SOE can continue by the ANC. The ANC also got it into the state that SAA finds itself in; how can anyone possibly expect it to be rescued by the very party that is destroying it?
Drifter
Honorary Master
No, but we should actually have a national carrier.
Meh. The last time I flew SAA the flight was delayed by 6hrs and if it were 10mins longer I would've missed my 3 connecting flights back to Norway.
Phanzi SAA Phanzi!
EDIT: But that's besides the point. It's quite clear that the SAA Operations makes zero business sense...it's being kept afloat by taxpayer money purely for political reasons. There's no reason why a STATE should own an airline. Let the market decide.
Phanzi SAA Phanzi!
EDIT: But that's besides the point. It's quite clear that the SAA Operations makes zero business sense...it's being kept afloat by taxpayer money purely for political reasons. There's no reason why a STATE should own an airline. Let the market decide.