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South African Airways exits administration after 17 months

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South Africa's struggling national airline South African Airways (SAA) on Friday exited a local form of bankruptcy protection called business rescue after roughly 17...

Government grants South African Airways $346 million to make severance payments

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South African Airways (SAA) has received a further 5 billion randS from the Department of Public Enterprises to help make severance payments to laid-off...

Interim SAA board announced

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The Department of Public Enterprises (DPE) has announced an interim six-member South African Airways (SAA) board as the airline prepares to relaunch in 2021. In...

SAA unions urged to accept final settlement offer

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The Department of Public Enterprises (DPE) has urged South African Airways labour unions to cooperate with the finalisation of the business rescue process, which...

South Africa gives national airline R1.5 billion, but administrators can’t use...

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The South African government has transferred 1.5 billion rand to administrators for national airline South African Airways (SAA) but the funds cannot be used...

Government to monitor SAA business rescue funds closely

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Deputy President David Mabuza says government will closely monitor the R10.5 billion allocated to the South African Airways (SAA) business rescue practitioners to ensure...

Funding of SAA business rescue plan welcomed

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Minister of Public Enterprises, Pravin Gordhan, has welcomed government’s commitment to provide R10.5 billion to finalise the Business Rescue Plan (BRP) and restructuring of...

Taking to the skies

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After what felt like a lifetime in incarceration, global skies have opened up for domestic and international travel for those suffering from bouts of...

SAAF acquisition of SAA aircraft was on the table

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More information on the now denied sale or transfer of three South African Airways (SAA) aircraft to the SA Air Force (SAAF) indicates what...

SAA denies SAAF will be getting three of its aircraft

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South African Airways (SAA) denies reports the South African Air Force (SAAF) is getting three ex-SAA Airbus aircraft, although  this may be a possibility...

COMPANY NEWS

Joint Standing Committee on Defence shows short memory span

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Parliament’s Joint Standing Committee on Defence (JSCD) publicly acknowledged the “exceptional leadership” of outgoing SA National Defence Force (SANDF) Chief General Solly Shoke last...
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