Should the alleged credit facility be confirmed, it would represent the latest significant funding intervention involving SAA ...
SAA allegedly had to tanker fuel into Durban after the airline was reportedly refused refuelling, raising fresh questions.
SAA last turned a profit in 2011 and since then the state-owned airline has been racking up financial losses while depending on billions in taxpayer-funded bailouts to survive. SAA’s dire financial ...
South African Airways (SAA) received a quiet government bailout of more than R1 billion in the 2024-25 financial year, contributing to its healthy profit announcement. The injection was in the form of ...
Though SAA managed to table four financial years’ worth of annual reports and financial statements to parliament before the end of last year, the office of the auditor-general (AG) remains worried ...
Since the Covid lockdown ended, which paved the way for the reopening of borders and resumption of air travel, airlines globally have returned to profitability. The state-owned South African Airways ...
Pilots at South African Airways have suspended their industrial action which has disrupted the carrier’s services since 5 December. The airline says the suspension took effect from 02:00 on 7 December ...
SAA is implementing a business plan that, if successful, will enable the state-owned flag carrier to be sustainable based on revenues generated from its operations. Depending on what the airline’s ...
South African Airways is warning that it is not financially strong enough to support a salary demand from pilots, who have threatened to strike from 5 December. The carrier has been negotiating with ...