May 1, 2020 4:36 am ET
February 3, 2020 4:07 pm ET -
South African Airways Looking to Sell its Airbus A340s
South African Airways is putting up some of its widebody Airbus A340-600 aircraft up for sale in order to accommodate some of the newer Airbus A350-900s being added to its fleet. The Johannesburg-based airline has found it necessary to sell…
January 30, 2020 6:37 am ET -
South African Airways Receives Government Bailout Package
South African Airways (SAA) has once again been saved from collapse after the airline received funding of 3.5 billion South African Rands ($239 million USD) from a state-owned bank. The team overseeing the rescue package, the Business Rescue Practitioners declared:…
November 15, 2019 12:00 am ET -
South African Airways’ Survival In Jeopardy As Strikes Force Flight…
In the wake of the announcement earlier this week that one-fifth of South African Airways’ (SAA) employees may lose their jobs due to restructuring of the airline, two union groups have confirmed that planned strike action would still go ahead…
May 26, 2018 8:00 am ET -
SA Express Grounded by South African Civil Aviation a Day…
The South African commercial aviation sector took another hit this week with the announcement Friday that all South African (SA) Express flights were to be grounded immediately due to maintenance concerns. Following the announcement, news agency Fin24 reported that South…
May 19, 2018 8:00 am ET -
South African Airways Posts Seventh Straight Loss, Shows Uncertain Future
South African Airways (SAA) is facing an uncertain future after reporting its seventh straight loss for the latest fiscal year 2017-18. The 5.7 billion rand (445 million dollars) loss, a figure more than double that expected, is the largest since the…