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State-owned airlines owe government R850 million

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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

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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

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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

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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...

COMPANY NEWS

Additional troop deployment is welcome and shows the need for a strong SANDF

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The announcement on Wednesday 14 July that 25 000 members of the South African National Defence Force (SANDF) will be deployed to help counter...