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Valius Venckunas

South African government did not agree with SAA rescue plan

South African finance minister Tito Mboweni says the government has not committed to fund the new South African Airways (SAA) rescue plan....


Rytis Beresnevicius

South African Airways headed for privatization?

Unfavorable market conditions and a very fragile financial situation have not scared away potential South African Airways investors, as the South African government indicated there are several interested parties, including partner airlines to make South Africa into a formidable force in the aviation industry....


Michael Jonga

South African Airways‘ rescue plan priced at $580 million

As part of an ongoing restructuring process and effort to salvage South African Airways and maintain the airline as South Africa‘s main state carrier, a rescue plan involving a 10 billion rands ($580...


Clement Charpentreau

Another government bailout for South African Airways?

The South African government is ready to inject more cash into South African Airways, a leaked draft plan revealed. $1.8 billion could be allocated as part of a “final” restructuring plan....


AeroTime Team

South African Airways denies operations cease on May 8 2020

Troubled South African Airways said it would continue repatriation and cargo flights at least throughout May. The airline was previously expected to cease all operations on May 8, 2020. ...


AeroTime Team

South African Comair enters administration

Comair, South African passenger airline and a franchise of British Airways, entered administration on May 5, 2020.  The airline became the third carrier from South Africa to reach the brink of collapse within a week’s span. ...


Clement Charpentreau

South African Airways to be replaced by new airline

The South African government announced that a new national airline would be created on the ruins of South African Airways (SAA), whose fall was accelerated by the coronavirus pandemic....


Michael Jonga

SAA to draw its final breath as entire staff set to be laid-off

According to a document obtained by Bloomberg on the current state of South African Airways, the airline has revealed that it will be laying off nearly 5000 of its employees by the end of April which...


Clement Charpentreau

South African Airways on the brink, after state denies support

The government of South Africa announced its decision not to grant another 10 billion rands ($532 million) of emergency aid to South African Airways. The survival of the carrier, whose fragile situation has worsened due to the impact of the coronavirus epidemic, is more uncertain than ever....


Rytis Beresnevicius

South African Airways announces further network changes

While initially South African Airways indicated that changes to its route network will be limited, the carrier announced significant cuts to international and domestic destinations....