September 5, 2020 6:00 am ET
March 24, 2020 10:00 am ET -
Pandemic Continues to Fuel More Pressure on African Airlines
The global aviation industry remains to be the worst-hit industry with the unprecedented pandemic continuing to bite out the world's biggest economies which the industry plays an integral role. COVID-19 has hit African airlines with the African Airlines Association (AFRAA)…
February 9, 2020 11:58 am ET -
South African Airways Axes Routes to Regain Profitability
As part of the bankruptcy protection process initiated at the end of 2019, South African Airways last week announced a series of measures that seek to return profitability to its operations. The process is in the hands of two consultants…
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 19, 2020 4:07 pm ET -
South African Airways Eyes Asset Sales to Accommodate Next-Generation Jets
In a tender posted on its website, South African Airways is now readying the sale of some of its assets that include five Airbus A340-300s and four Airbus A340-600s along with 15 spare engines and auxiliary power units. According to…
November 12, 2019 12:00 am ET -
South African Airways Announces Employee Cuts in Restructuring Effort
Financially riddled South African Airways has announced a restructuring plan that would cut one-fifth of its workforce. Over the past few years, the airline has been reliant on government financial support to continue its operations but has now started working…