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South African Airways

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It’s been a painful, emotionally and financially draining few months for employees at SAA. File photo.Image: Business Day
CONSUMED BY DEBT

SAA staff living on a wing and a prayer, devoured by debt

Consumed by debt, surviving on hope and prayers, and having to borrow money or sell valuables to put food on the table. This has been the grim reality for many South African Airways (SAA) employees for the past few months. Thursday this…

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SA Express assets will go under the hammer in November after the beleaguered state-owned airline was placed under provisional liquidation earlier this year.Image: SAA
SOUTH AFRICAN AIRWAYS

More unsolicited interest shown by private sector funders for ‘new SAA’

The government has received more unsolicited expressions of interest from private sector funders, private equity investors and partners for a future restructured SAA and its subsidiaries. That was the word from the department of public…

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SA Express assets will go under the hammer in November after the beleaguered state-owned airline was placed under provisional liquidation earlier this year.Image: SAA
SOUTH AFRICAN AIRWAYS

Labour appeal court rules in favour of unions on SAA retrenchments

The labour appeal court in Johannesburg on Thursday ruled in favour of the unions over the retrenchment process at South African Airways (SAA). In May, the National Union of Metalworkers of South Africa (Numsa) and the South African Cabin…

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SA Express assets will go under the hammer in November after the beleaguered state-owned airline was placed under provisional liquidation earlier this year.Image: SAA
BUSINESS RESCUE PLAN

Government agrees to fund SAA rescue, draft plan says

Government has agreed to fund a restructuring of South African Airways (SAA), if a business rescue plan for the struggling state-owned airline is adopted, a copy of the draft plan showed on Monday. SAA entered business rescue — a local…

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