SAA
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Business and Technology
SAA business rescue plan doomed to fail – OUTA
The business rescue plan meant to save South African Airways is unrealistic and doomed to fail. This is according to…
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South Africa News
Public Enterprises Dept: SA Express on the verge of being sold to private buyer
The Department of Public Enterprises on Wednesday said SA Express was on the verge of being sold to a private…
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South Africa News
Court rules against SAA pilots attempt to declare lock-out unlawful
The Labour Court has dismissed SAA pilots‘ attempt to declare a lockout at the airline unlawful. Business rescue practitioners ‘locked-out’,…
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South Africa News
SAA and SAAPA negotiations deadlocked
The SAA Pilots Association says the airline’s business rescue practitioners are conducting a smear campaign against pilots. It says they…
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South Africa News
South African Airways Pilots given 48-hour lock-out notice
SAA Business Rescue Practitioners have given 383 pilots a lock-out notice until Friday. This means, from Friday at 12pm, those…
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South Africa News
McKinsey to pay back about R650m it scored from SAA and Transnet contracts
McKinsey & Co, which already paid back about R1 billion it had been paid for work it did at Eskom…
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Business and Technology
Government seeks R6 billion for stake in SAA
South Africa is looking to raise about $400 million from the sale of a stake in its bankrupt national airline,…
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South Africa News
WC legislature’s budget committee wants SAA bailout explained
The Western Cape legislature’s budget committee adopted a resolution to invite Public Enterprises Minister Pravin Gordhan and his department to…
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South Africa News
Raymond loses patience at state capture inquiry
Former SAA board member Yakhe Kwinana is once again giving the state capture inquiry a tough time on Tuesday. Inquiry…
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South Africa News
Outa calls for South African Airways boycott
There has been mixed reaction to the allocation of another R10.5-billion to the troubled airline. The Organisation Undoing Tax Abuse…
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South Africa News
Opposition tells Minister Mboweni no to bailouts and more taxes
No to raising taxes and no to another bailout for SAA. Opposition parties say they want the Finance Minister to…
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South Africa News
SAA staff picket amid scramble to find funds to keep the airline afloat
The government gave a broad assurance on Friday to the creditors of South African Airways that it would provide the…
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Business and Technology
Government vows to give funding to SAA
Government has assured SAA rescue practitioners that it will provide the necessary funding to the state-owned airline. In a statement,…
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Business and Technology
Numsa to march to SAA offices
Numsa and the South African Cabin Crew Association are planning to march to the SAA offices in Kempton Park on…
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Business and Technology
SAA set to relaunch in January 2021
SAA is set to relaunch in January 2021, according to a report from the Sunday Times. The report stated that…
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South Africa News
SAA rescue plan finally approved
The business rescue plan for SAA has finally been approved after all conditions on which it rested were met on…
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South Africa News
R10 billion needed to keep SAA in the sky
Government has to come up with billions required to fund SAA’s business rescue plan after the airline’s creditors voted in…
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