Mango’s flights will no longer be in the air from 1st of May 2021. This comes after the flight operator waited for months for their share of the bailout money, which was granted by the government to SAA.
#TheBlackFigLeaf To Excuse Corruption, Hide Black Incompetence & Plunder SOE’s! How Nontsasa Memela Used “Transformation” To Plunder SAA!
When Zuma said “corruption” is a European word, he meant corruption itself in African culture is normal & OK, it is just Europeans who choose to make it a bad thing. At SAA, like everywhere else, they did it #TheAfricanWay. The truth is, wide scale corruption was revealed at SAA before the Zondo commission. It seems wherever there was a black man or woman in charge of anything, there was theft, fraud & corruption.
Embattled National Carrier gets R3.5bn lifeline from Development Bank
SA Airways (SAA) has secured R3.5bn in funding from the Development Bank of Southern Africa. “Discussions held with financial institutions have been fruitful,” joint SAA business rescue practitioners Les Matuson and Siviwe Dongwana said in a statement on Tuesday. The Read More …
Cash-strapped SAA cancels 38 domestic and international flights
SAA has confirmed its cancellation of 38 domestic and international flights between OR Tambo International Airport and Cape Town, as well as between Johannesburg and Durban’s King Shaka airports. In a statement, the airline said: “These decisions are in line Read More …
SAA director resigns from his post amid crisis at state entity
SAA director Martin Kingston resigned from his post, and the move was welcomed by the communist-minded Numsa union as well as the trade union Sacca. The two unions also said the rest of SAA directors should follow Kingston’s example and Read More …
Government of Zimbabwe owes SAA R880 million
SA Airways is likely to lose a lot of money due to Zimbabwe’s default and disputes. According to the latest information, Zimbabwe are only willing to pay 5% of the R880m SAA claims the Zimbabwe government owes. The amount is Read More …
SAA’S business rescue position – Bankrupt SOE will be restructured,no further bailouts to be handed out – Are their wings finally cut?
Minister Pravin Gordhan’s stance at a board meeting of the bankrupt SA Airways has sent shock waves, the councilors as well as the shipping company’s worker are totally stunned by the so-called “business rescue position” that will be exercised without any Read More …
Pravin Gordhan says cash-strapped SAA may have no money for salaries this month
Minister of Public Enterprises Pravin Gordhan has warned that, while two unions at SAA are demanding salary increases for members, the airline might not even be able to pay any salaries at the end of the month. The minister was Read More …
SAA strike costing R52 million a day and with a bankruptcy record it could mean the end of the entity
More than 3000 workers affiliated with Numsa and Sacca downed tools at SAA on Friday over a wage dispute and plans to cut more than 900 jobs, costing the airline about R52 million a day. The interim chief financial officer Read More …
State capture, another horrific finding!: SAA loses out on 2-million litres of fuel a month as BEE music promoter fails to deliver
A little-known company that was awarded a multimillion-rand contract to supply fuel to SAA hasn’t delivered since October last year. This means that the airline has been short of 2-million litres of fuel a month – although this amount is Read More …