While other airlines around the globe are receiving cash infusions to keep themselves afloat, the government of South Africa has decided to take the opposite approach. The government has opted to deny future funding for the flag carrier in a push to get the airline to move towards profitability. South…
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: “We can confirm that the Development Bank of South Africa…
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 on Friday. As a result, SAA has cancelled nearly all…
For businesses across the world, branding plays a crucial role in public perception and airlines are no different. One of the most prominent pieces of an airline’s brand is its logo, as it often appears on a wide range of items including aircraft, seats, food, advertisements and more. In this…
South African Airways is yet again looking for help as the airline attempts to get out of its financial hell hole from years of being unprofitable. The carrier, who has taken numerous government cash injections to stay afloat, is currently on what they call the “2021 Path to Profit” in…
