Tag: SAA
Ramaphosa says State-owned SOE holding company coming
Denel, along with other embattled State-owned enterprises (SOEs), will at some future stage report to a State-owned holding company after what South African President...
Sale of government’s 51% stake in SAA nears conclusion
Government is making strides in concluding the disposal of 51% of its shares in South African Airways (SAA) to strategic partner Takatso Consortium.
In a...
SAA to resume flying Johannesburg-Durban route
South African Airways (SAA) has announced that it will resume daily flights between Johannesburg and Durban in March.
SAA’s Interim Chief Executive Officer, Thomas Kgokolo,...
Looted funds to be recovered ‘by whatever means necessary’ – SAA
The interim board of South African Airways (SAA) says it will implement all of the recommendations of the State Capture report and subsequently go...
South African Airways, Kenya Airways aim for ‘formidable’ Pan African airline
South African Airways (SAA) and Kenya Airways have signed a strategic partnership framework which marks a milestone in the two companies’ plans to form...
South African Airways cancels daily Mozambique flights, adjusts other schedules
The South African Airways (SAA) has announced that it will be removing return daily flights from Maputo, Mozambique, from its schedule at the beginning...
South African Airways eyes Lagos route
South African Airways (SAA) says it expects to expand its route network to include Lagos, Nigeria, from 12 December this year.
SAA interim Chief Executive,...
Equity partner is key to Mango taking to the skies
South African Airways (SAA) says there are no “reasonable prospects” of Mango Airlines succeeding if it takes to the skies again this December.
Mango, which...
SAA, Mango working to find sustainable solutions
South African Airways (SAA) says it is working Mango Airlines and its business rescue practitioner to resolve the challenges facing the low cost airline.
This...
South African Airways open to dialogue with protesting cabin crew
South African Airways (SAA) is open to dialogue with the South African Cabin Crew Association (SACCA) following a picket at the airline’s Kempton Park...
SAA, Kenya Airways strengthen their wings
Nearly a week after taking to the skies following an 18 month hiatus, South African Airways (SAA) has signed a memorandum of cooperation with...
Singing and dancing as South Africa’s national airline returns to the...
Jubilant South African Airways (SAA) staff at the country's biggest airport broke into song and dance on Thursday as the airline took to the...
Reviving South African Airways to its former glory
A new internal ethos of delivering first class customer service will ensure that South African Airways (SAA) is revived to its former glory.
This is...
South African Airways Technical appoints interim chief executive
South African Airways Technical (SAAT) has appointed former Group CEO of Denel, Riaz Saloojee, as its interim chief executive ahead of SAA’s return to...
New, refreshed SAA to take to the skies
South African Airways (SAA) interim CEO Thomas Kgokolo says the airline is moving into a new era.
Kgokolo was updating Parliament’s Portfolio Committee on Public...
SAA poised for take-off in September
South African Airways (SAA) has announced that it expects to resume operations on the Johannesburg-Cape Town route and other African destinations on 23 September.
The...
State-owned airlines owe government R850 million
State-owned airlines South African Airways (SAA), Mango and SA Express owe government entities R854 million, OUTA has revealed, as it warns that government and...
Mango Airlines briefly suspends flights due to outstanding payment
South African Airways (SAA) subsidiary Mango Airlines temporarily suspended all flights and services on Tuesday until further notice due to outstanding payments to Air...
New strategic partner for SAA
Public Enterprises Minister Pravin Gordhan says government has found a strategic equity partner in a bid to save the embattled South African Airways (SAA).
Gordhan...
SAA will soon have strategic partner
Public Enterprises Minister Pravin Gordhan says acquisition of a strategic partner for South African Airways (SAA) could be concluded in the next four to...
South African Airways exits administration after 17 months
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
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
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
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...
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
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
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
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
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
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...
SAA Technical reaches agreement with customers, reinstates aircraft maintenance services
South African Airways Technical (SAAT) has reached an agreement with its customers and has begun to reinstate aircraft maintenance services to some of its...
South African Airways’ unit suspends services to parent over non-payment
South African Airways’ maintenance subsidiary has withdrawn services to its parent after the struggling airline failed to pay money owed to the unit, an...
OUTA calls for SAA liquidation
The Organisation Undoing Tax Abuse (OUTA) has called for the liquidation of South African Airways (SAA), saying the chance of rescuing the trouble national...
South Africa commits $650 million to airline SAA, administrator says
South Africa has pledged 10.5 billion rand ($650 million) to South African Airways (SAA), one of the administrators of the ailing state-owned airline said...
SAA needs government funding by end next week
South African Airways (SAA) needs short-term funding from government by the end of next week for the state carrier’s business rescue process to continue,...
Ethiopian Airlines in rescue talks with South African Airways -CEO
Ethiopian Airlines is in talks over possible involvement in the rescue of flagship carrier South African Airways (SAA), the head of the airline told...
DPE closer to implementing SAA rescue plan
With all the conditions for the implementation of the South African Airways (SAA) Business Rescue Plan met last week, the Department of Public Enterprises...
COVID-19 brings uncertainty to SA airlines’ future
COVID-19 shut down almost all industries in South Africa when the country was under the level five lockdown. Now, under level three lockdown, approaching...
South African Airways rescue plan ready bar the funding, say administrators
A rescue plan for South African Airways (SAA) is ready and can be implemented once funding for the restructuring is found, the state-owned airline’s...
South African government has not committed to fund SAA rescue plan,...
The South African government has not committed to fund the requirements of a restructuring plan for struggling South African Airways (SAA), Finance Minister Tito...
Revamped South African Airways could be run independently, says Gordhan
South Africa is considering an independent board for its ailing national airline, with a shareholder structure similar to that of part state-owned telecoms firm...
South Africa commits to mobilise funds for SAA rescue
South Africa’s government has committed to secure funds for the overhaul of struggling state-owned South African Airways (SAA), the public enterprises and finance ministries...
South African Airways creditors approve rescue plan
South African Airways (SAA) creditors approved a rescue plan for the struggling airline on Tuesday that requires at least 10 billion rand in new...
Phillip Saunders appointed interim SAA CEO
Phillip Saunders has been appointed as the interim South African Airways (SAA) CEO, the Department of Public Enterprises (DPE) announced on Tuesday.
An experienced airline...
South Africa set to make SAA funding commitment, official says
The South African government is “on course” to provide a funding commitment for the restructuring of loss-making South African Airways (SAA), a senior official...
South African court dismisses appeal against SAA layoff ruling
A South African court on Thursday dismissed an appeal by administrators in charge of South African Airways (SAA) against a ruling which prevented them...
SAA liquidation means financial hardship, DPE warns
The Department of Public Enterprises (DPE) cautioned South African Airways (SAA) employees, labour unions and creditors that the liquidation of the airline will lead...
Cabinet backs establishment of new airline
Cabinet has expressed support for the establishment of a new airline and has backed the concerted efforts to mobilise funding from various sources that will...
South African government urges creditors to back SAA rescue plan
South Africa’s public enterprises ministry on Wednesday urged creditors to back a rescue plan for cash-strapped South African Airways (SAA).
Creditors are due to vote...
South Africa to oppose SA Airlink’s bid to halt SAA creditors...
The South African government on Monday said it planned to oppose an application by regional airline SA Airlink to put South African Airways (SAA)...
