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Myeni: SAA has made great improvements

SAA board chairperson Dudu Myeni told Parliament's finance committee that the improvements had been achieved without government guarantees.

FILE: SAA chairperson Dudu Myeni. Picture: GCIS

CAPE TOWN – South African Airways (SAA) Chairperson Dudu Myeni says the airline has made great improvements in the last financial year.

The state-owned enterprise is appearing before the Standing Committee on Finance at Parliament on Wednesday.

Myeni has told the committee it is her pleasure to report that there have been improvements at the national carrier.

“During the presentation we’ll be able to note the great improvements. My issue then, honourable chair, is the sustainability and the improvements.”

She adds this has been done without government guarantees.

“That those assumptions projected that we won’t be able to operate for 12 months without government guarantees.”

Despite posting 74% less in losses for the 2015-16 financial year compared to the last financial year, revenue has only increased by a mere 1%.

(Edited by Leeto M Khoza)