Ethiopian Airlines offers pilots & planes for dying SAA
Ethiopian Airlines Group offers the operational assistance for South African Airways (SAA) as part of a joint venture with the government of South Africa.
Speaking to local media on October 4, 2020, Tewolde GebreMariam, the CEO of Ethiopian Airlines, said that the airline could provide its pilots, aircraft and maintenance services for struggling SAA.
According to GebreMariam, Ethiopian is able to provide some of its Airbus A350 and Boeing 787 aircraft which are more modern than SAA’s Airbus A340s.
However, due to possible asperities in managing SAA’s restructuring process and financial outlay ties, Ethiopian Airlines has shown no intention in dealing with legacy issues such as SAA’s debt repayment or employee reduction process.
All operations of the state-owned airline were suspended on September 29, 2020, after previous attempts to restructure the carrier met with opposition from both the government and trade unions. For the implementation of SAA’s resuscitation plan, ticket refunds and severance packages payout for 4,000 employees, the government of South Africa still needs more than $591 million.
The SAA filed for liquidation and bankruptcy protection in December 2019, after 8 years of continuous losses.
Lima airport: truck hit by plane was part of coordinated drill; pilots arrested
The operators of Lima Airport, where a LATAM Airbus A320neo collided with a fire truck over the weekend, have provided a...
LOT Polish airlines passenger in custody after charging toward cockpit door
A passenger on a LOT Polish Airlines flight has been taken into custody after charging toward the cockpit door and causi...
Finnair cancels 100 flights departing from Helsinki Airport due to staff strike
Finnair has been forced to cancel 100 flights departing from #HelsinkiAirport following “illegal” cabin crew...