-
Cash-strapped SAA to sell off 9 Airbus planes
SAA, which was placed in a form of bankruptcy protection late last year, is selling the Airbus A340-300s and A340-600s as well as 15 spare engines, the document said.
-
Mboweni adamant Treasury gave SAA financial support
Tito Mboweni addressed business leaders in Johannesburg this morning ahead of the World Economic Forum annual meeting in Davos next week.
-
Mboweni: Govt still trying to find funding for SAA
State-owned SAA entered a form of bankruptcy protection last month in an effort to rescue the company and 10,000 related jobs.
-
Zimbabwean court orders SAA to pay R12m to environment ministry
The ruling was made after a six-year-long legal wrangle, in which the South African carrier reportedly refused to pay meteorological fees to the government.
-
SAA named among top airlines globally for on-time arrivals
SAA was ranked fourth in the category, beating out other top Middle Eastern and African airlines, scoring 85.69% overall.
-
S. Africans assured troubles at ailing SOEs will be remedied soon
Eskom, SAA and Transnet are just three of the SOEs that have been struggling after years of corruption and mismanagement.
-
SAA has reasonable chance of survival - rescue specialist
Les Matuson, the business rescue practitioner charged with assessing the prospects of SAA and 10,000 related jobs, said he and his team considered a rescue to be the preferable option.
-
Dudu Myeni: SAA corruption claims made by Outa false, misleading
This is contained in her court papers filed almost three weeks ago.
-
Dudu Myeni’s ‘delinquent director’ trial to go ahead in January
Outa wants Myeni to be declared a delinquent director to stop her from serving on other boards after SAA lost billions of rand during her tenure.
-
Placing SAA under business rescue isn’t privatisation - Magashule
Last week, the cash-strapped airline went under voluntary business rescue as it struggled to meet its immediate financial obligations.
-
African governments struggle to turn around loss-making airlines
Ethiopian Airlines has bucked the trend, providing a model that others hope to emulate.
-
CARTOON: From Miss Universe to Miss Management
Dr jack & Curtis.
-
CYRIL RAMAPHOSA: Eskom, SAA, Prasa - we'll do what we must to save them
Despite the depth of current challenges, none of our SOEs is lost, says the president.
-
SAA: Numsa, Sacca back Solidarity’s bid to stop Matuson appointment
Les Matuson was announced by government, as the man to lead the process, aimed at saving SAA from collapse due to financial difficulty.
-
SAA appoints Les Matuson to lead business rescue process
Trade unions had given the board until Friday to provide an undertaking that they would not play a role in this appointment.
-
FACTBOX: The struggles of the cash-strapped SAA
Here's a brief history of the airline which was on Wednesday ordered by President Cyril Ramaphosa to enter into voluntary business rescue.
-
Involved parties give SAA’s business rescue move the green light
The meeting at the south Gauteng deputy judge president's chambers follows the confirmation on Wednesday night from the Presidency that SAA was to go into voluntary business rescue.
-
DA welcomes move to place SAA under business rescue
An announcement is expected soon on the appointment of business practitioners to see through the arduous process.
-
SAA to receive R2 billion lifeline
The airline's creditors will also provide an additional R2 billion as it begins the journey to restructuring its business and financial affairs from Thursday.
-
SAA to be placed under 'urgent' business rescue
In a leaked report seen by Eyewitness News, Ramaphosa addresses ministers and deputy ministers to change Cabinet’s approach in addressing the dire situation the national airline finds itself in.
-
Flight Centre’s decision on SAA tickets unfortunate, says Fedusa
The travel agency announced last week that it reached the decision after its preferred travel insurance provider and their underwriters were no longer willing to cover the airline under an insolvency benefit.
