SAA desperately needs its government bailout

Pineapple Smurf

Pineapple Beer Connoisseur
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Aug 2, 2016
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34,149
What was the point of placing SAA under business rescue if they going to do whatever the **** they wanna do?

This country is a ****ing joke.

People are starving, homeless, lack access to water, Eskom is in trouble, we need more jails & schools to be built BUT the ANC's priority is keeping SAA a national carrier.
tenor.gif
yes
parliament members and their families get X amount of free flights per year on SAA
some members have this as a lifetime benefit
of course they are going to fight to keep this airline going (at the taxpayers cost of course)
 

The_Librarian

Another MyBB
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There's so many things that I want to say, but they all will get me into deep trouble.
 

koffiejunkie

Executive Member
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Aug 23, 2004
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9,377
"The BRP and management have taken various actions to ensure that cash is conserved. As a result, we have sufficient funds to pay salaries,"

Seems that they're making positive changes in the background.
 

Swa

Honorary Master
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May 4, 2012
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Seems that they're making positive changes in the background.
Yup. Cancel flights that bring in revenue in order to pay salaries. When you can't conduct your core business it's usually the end. Or at least it would be for a non state entity.
 

supersunbird

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56,127
Yup. Cancel flights that bring in revenue in order to pay salaries. When you can't conduct your core business it's usually the end. Or at least it would be for a non state entity.

And if those flights were loss making?
 

Gordon_R

Honorary Master
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Jul 5, 2009
Messages
17,311
And if those flights were loss making?

It is very difficult to disentangle the actual operating losses for a particular flight, from the general overheads of running an airline. Business rescue practitioners have some experience crunching the numbers, and looking at short term cash flow. Tough decisions, but presumably some flights are revenue generating.
 
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Swa

Honorary Master
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May 4, 2012
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And if those flights were loss making?
And the cost to reputation and reliability? Not all flights are revenue generating and you can't predict which ones will be and which ones not. If you start cancelling the ones that turn out loss making it's a signal you can't service your clients reliably.

I guess SAA should also get a motto we can play around with like the post office "we deliver you to where you want to go, sometimes."
 

jambai

Senior Member
Joined
Oct 18, 2007
Messages
993
Who is going to book tickets with saa . The damage is done a long time ago
 
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