The SAA is now run by telecoms executives

[Newsfeed]

The SAA is now run by telecoms executives

After years of corruption and mismanagement SAA is technically bankrupt, with its debt of R15 billion significantly exceeding its assets.

This SAA’s financial situation is so dire, the City Press reported that the airline is now considering selling off some of its assets, including its catering arm, Air Chefs, and SAA Cargo.

 

[Jola]

Shut SAA down, the mismanagement, looting and corruption by the ANC has permanently destroyed the organisation as a going concern.

Due to the massive debts incurred the organisation cannot be sold as a going concern, and will have to be broken up.

#ProudlyBroughtByANC

 

[Drifter]

What could go wrong?

 

[TheMightyQuin]

Privatization followed by massive retrenchments will be a great start.

But I think that they are also stuck in huge, expensive contracts with other concerns, that is also bleeding them dry.

 

[RedViking]

If SAA go, Mango will probably also go.

 

[Vrotappel]

Things must be utterly completely destroyed before the ANC government intervenes.

 

[Hemi300c]

Things must be utterly completely destroyed before the ANC government intervenes.

Nope their involvement in the first place started the destruction

 

[Milano]

It only failed because they never renamed it. Spend R50 billion to rename it and re-market it globally as South African Airways Services. Problem solved. Fools.

 

[pedruid]

Just look at the state of Telkom.

 

[InfidelGastro]

Jarana is in for a bumpy ride. Telecoms is a breeze by comparison.

Yeah, the turbulence up there can get pretty severe.

 

[InfidelGastro]

One thing is for sure, I won't be flying SAA when I get the hell out of here.

 

[ForceFate]

One thing is for sure, I won't be flying SAA when I get the hell out of here.

Ok mate.

 

[mister]

What could go wrong?

When the flight takes longer than expected you are charged OOB rates?

 

[Nick333]

It only failed because they never renamed it. Spend R50 billion to rename it and re-market it globally as South African Airways Services. Problem solved. Fools.

MWA. Mamma Winnie's Airways has got such a warm and inviting ring to it wouldn't you agree?

 

[Jola]

MWA. Mamma Winnie's Airways has got such a warm and inviting ring to it wouldn't you agree?

But wouldn't go well with tyres and burning fuel.

 

[genetic]

One thing is for sure, I won't be flying SAA when I get the hell out of here.

Cool story bro

 

[ForceFate]

When the flight takes longer than expected you are charged OOB rates?

"Ladies and gentlemen, this is your captain speaking. We're about to enter the OOB phase of the flight. Those wishing to jump off can do so however, we won't be able to open any emergency doors due to speed and altitude.

We at SAA strive to provide you with the cheapest air travel. As a token of our appreciation, we're giving you, our customers, free 1 mile of flight for flights between JNB and UTN. Thank you once again for flying with the best airline in the skies."

 

[Swa]

They never go away. They just shift them around.

MWA. Mamma Winnie's Airways has got such a warm and inviting ring to it wouldn't you agree?

Just don't light a stompie.

 

[vigras rojara]

One thing is for sure, I won't be flying SAA when I get the hell out of here.

How exciting for you.

 

[DXL]

Things must be utterly completely destroyed before the ANC government intervenes.

Agreed !

Problem is they dont place competent people in the responsible positions.

Zuma placed women in positions that could drop their panty the fastest.