SAA

16 Results / Page 1 of 2

Background

Local

OUTA: Political interference hinders SAA’s success

By Lee-Yandra Paulsen The Organisation Undoing Tax Abuse (OUTA) asserts that government procurement processes and political interference will continue to hinder South African Airways (SAA) ability to succeed in the medium term. The state-owned airline, which exited business rescue after the failed Takatso Consortium deal, reportedly needs an equity partner to stay afloat. Earlier this year, SAA reported a loss of R771 million. OUTA's CEO, Wayne Duvenage, explained, "Many countries […]

today16 July 2024

Local

Ramaphosa urges Gordhan’s cooperation in SAA-Takatso deal

President Cyril Ramaphosa has urged Public Enterprises Minister Pravin Gordhan to attend the Parliament’s Portfolio Committee on Public Enterprises amidst allegations that the Minister declined to participate in the committee’s investigations. The committee is probing potential irregularities in the SAA-Takatso Consortium deal. The oversight body has announced its intention to subpoena Gordhan to ensure his appearance. The Public Enterprises Department has strongly refuted any suggestions that Minister Gordhan is unwilling […]

today16 December 2023

Local

SAA sale part of vital reforms, says Gordhan

Public enterprises minister Pravin Gordhan made an impassioned defence of the sale of a majority stake in SAA for about R51, a deal subject to a lawsuit from a spurned bidder. The privatisation of SAA is a vital reform for the country’s battered economy, Gordhan said in an interview at Bloomberg’s Johannesburg office. The winning bidder — a partnership between a domestic aviation group and private equity firm — was […]

today13 July 2022

Local

SA Civil Authority gives Comair ultimatum

The South African Civil Aviation Authority has given Comair until Sunday morning to meet the requirements of the regulator or face indefinite suspension. The authority has suspended the Air Operator Certificate of Comair with its subsidiary Kulula.com and British Airways. The authority says this follows investigations that suggest that there are safety risks at the operator. It goes on to say that in the last month, Comair operations experienced issues ranging from […]

today13 March 2022

Local

SAA said to be urged to partner with Ethiopian Airlines

SA should act to preserve SAA and seek to partner the carrier with Ethiopian Airlines Group, according to a study commissioned for ANC MPs. The assessment, seen by Bloomberg, was prepared by African Aviation Services and dated October 4. It was presented to a group of ANC MPs on Monday, according to an ANC official who asked not to be identified because the information was not public. The insolvent national […]

today6 October 2020

Local

Mango flights in the balance as SAA technical withdraws services

South African airline Mango may be forced to ground all flights from midnight after SAA Technical decided to withdraw its services due to non-payment. This means passengers could be left stranded from Sunday after the commercial airline failed to pay SAA Technical for its services. SAA spokesperson Tladi Tladi has told eNCA the subsidiary - which provides aircraft maintenance services to a vast number of commercial airlines - has not […]

today27 September 2020

Local

SAA business rescue plan might not be adequate, govt says

South Africa's government said it was concerned that a business rescue plan for troubled national carrier SAA published late on Tuesday might not be adequate. The government placed financially strapped South African Airways under business rescue last December, but efforts to revive its fortunes have so far stuttered partly due to the Covid-19 pandemic which has hamstrung air travel globally. In a statement released late on Tuesday as a "preliminary" […]

today17 June 2020

Local

SA’s NUMSA union ‘shocked’ at airline Comair’s business rescue

The National Union of Metalworkers of South Africa said it was shocked and dismayed after airline Comair announced on Tuesday that it was going into business rescue. Comair, which operates British Airways and low-cost airline kulula.com in South Africa, said it had no choice but to make the move after its implementation of a turnourand strategy was disrupted by a national lockdown to flatten the curve in the spread of […]

today6 May 2020

Local

SA unions vow to work with government to save SAA, SA Express

The National Union of Metalworkers of South Africa and the South African Cabin Crew Association said they had had constructive discussions with the government on ensuring the continued existence of troubled national carrier South African Airways (SAA) and fellow state-owned airline SA Express. The unions have been critical of the practitioners appointed after the government placed financially-strapped SAA under business rescue last year, accusing them of a lack of commitment […]

today29 April 2020

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