Tag: SAA
SAA to hunt for a strategic equity partner immediately
Union Solidarity says it will temporarily suspend its bid to put South African Airways (SAA) into business rescue, after the airline conceded, in writing,...
Former SAA chief financial officer lodges unfair dismissal complaint
Former South African Airways chief financial officer Phumeza Nhantsi on Wednesday said she had filed a case of unfair dismissal with the Commission for...
The 10 best airlines in the world – including one from South Africa
Travel website, AirHelp, has released its latest airline rankings for 2018.
Now in its sixth year, the rankings are based on an AirHelp Score (out...
SAA to get R5 billion capital injection after plea for cash
South Africa has promised another R5 billion capital injection to help its struggling state airline meet urgent financial obligations, the CEO of South African Airways...
SAA battling to get off the ground
Troubled SAA is unlikely to get out of its financial troubles any time soon, with audited statements painting a dire situation for the airline.
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Logic needs to be applied in Eskom and SAA
Eskom is overstaffed by 66% and the average salary is more than R700 000 a year according to the World Bank. We know this...
Business rescue might just keep ailing SAA afloat
Solidarity’s proposed business rescue could be used to determine the extent of the rot, and this could be used to plot a recovery plan,...
SAA to receive R4.8 billion cash injection
The national carrier, South African Airways, will receive a further R4.8 billion government guarantee by March next year.
The 2017 Medium Term Budget...
Local banks demand R5 billion leaving SAA in distress
The embattled national carrier, South African Airways (SAA) has until the end of October 2017 to honour another R5bn debt obligation, this time to...
Strike action looms at SAA
South African Airways (SAA) says it has received a notification from one of the labour unions of their intention to take part in industrial action.
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