Jamie McKane
MyBroadband Journalist
- Joined
- Mar 2, 2016
- Messages
- 7,000
- Reaction score
- 1,008
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 flights has deflated the price of leasing jets and made it easier for state-owned SAA to re-negotiate terms, according to Siviwe Dongwana, one of two administrators hired by the government to draw up a turnaround plan.
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 flights has deflated the price of leasing jets and made it easier for state-owned SAA to re-negotiate terms, according to Siviwe Dongwana, one of two administrators hired by the government to draw up a turnaround plan.