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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...

South African Airways’ unit suspends services to parent over non-payment

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South African Airways’ maintenance subsidiary has withdrawn services to its parent after the struggling airline failed to pay money owed to the unit, an...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

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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

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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...

Government assesses interests in SAA

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The South African government has received more unsolicited interests from private sector funders, private equity investors and partners for a future restructured South African...

DPE closer to implementing SAA rescue plan

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With all the conditions for the implementation of the South African Airways (SAA) Business Rescue Plan met last week, the Department of Public Enterprises...

South Africa commits to mobilise funds for SAA rescue

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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

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South African Airways (SAA) creditors approved a rescue plan for the struggling airline on Tuesday that requires at least 10 billion rand in new...

DPE urges pilots to accept SAA severance packages

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The Department of Public Enterprises (DPE) has called on individual pilots to accept South African Airways Voluntary Severance Packages (VSPs) ahead of a crucial...

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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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