June 14, 2021 6:01 am ET
October 1, 2020 6:00 am ET -
SAA Suspends All Operations As Government Continues to Look for…
On Tuesday, Business Rescue Practitioners (BRPs) announced that South African flag carrier South African Airways has suspended all operations and the airline put under "care and maintenance" until the ongoing discussions between the BRPs and the government lead to a…
September 28, 2020 8:04 am ET -
Mango’s Fleet Grounded Over Non-Payment, Still In ‘Critical Discussions’ with…
South African Airways Technical (SAAT) has withdrawn its maintenance services effective Sept. 27, due to outstanding payments owed by South African Airways budget carrier Mango Airlines. The entire fleet of Mango Airlines now remains grounded with Mango flights currently being…
September 5, 2020 6:00 am ET -
Ethiopian Eyeing Stakes in South African Airways
Another day, another rumor that Africa's largest carrier Ethiopian is considering ways to potentially offer support to the insolvent South African Airways with sources familiar with the matter citing talks between Ethiopian Airlines Group eyeing stakes are already in place…
July 14, 2020 11:00 am ET -
South African Airways Sends Airbus Aircraft to Spain for Long-Term…
South African Airways has sent its Airbus A330-200 and A350-900 to Teruel Airport in Spain for long term storage amid locked horns with staff and management over the furloughing process and calls to liquidate the airline. Teruel Airport is located…
June 2, 2020 10:45 am ET -
South African Airways to Receive $1.2 Billion Government Bailout
The South African government has agreed to finance the restructuring of South African Airways (SAA) as indicated in a copy of a draft plan shown on Monday. The draft plan involves a government agreement to spend R21 billion ($1.2 billion)…