A cash injection of billions. But will this give SAA wings?
The airline says a third COVID-19 wave and an ongoing impasse with pilots could scupper its plans of taking to the skies in July.
“We are looking at July/August 2021, but this date comes with some complexities,” said Thomas Kgokolo, SAA Interim CEO.
“Now that we see the possibility of a third wave this could be a critical factor in us getting back into the skies as well.
“And as you’ve seen in the media there’s a complex matter of pilots. We are busy negotiating with them, we are meeting with them to try and find an amicable solution.”
SAA’s subsidiaries are also in dire straits and urgently need cash to pay staff and fund their restructuring plans.
SAA’s interim executives say the embattled airline is liquid and solvent.
It’s received more than R7-billion to get it back into the skies.
Source: eNCA
In other news – Brenda Fassie’s sister has died – Cause of death revealed
Lindiwe Fassie, the older sister to the late songstress Brenda, has passed away. According to her brother Themba Fassie (65), Lindiwe was sick for some time but she would sometimes get better.
He however said her condition had deteriorated in the past few months to an extent that she would sometimes spend all day sleeping. Learn More