south African Airways

Business: South Africa Set To Bail Out Airline

Tito Mboweni as approved the budget $641 million which is for the South African Airways, this is to resuscitate the…

November 3, 2020

Business: SAA Technical withdraws parent company services over non-payment

South African Airways' upkeep subsidiary has withdrawn offerings to its mum or dad after the struggling airline failed to pay…

September 27, 2020

Business: Ethiopian Airlines Group could aid SAA

Ethiopian Airlines Group is amongst corporations in talks with South Africa’s government about potentially supplying aid to the country’s insolvent…

September 4, 2020

South Africa: Talks With Keen Investors in State Airline South African Airways

South Africa‘s government has started talks with private entities interested in buying into the country’s insolvent national carrier, which needs…

August 31, 2020

Business: SAA creditors must meet the unmet guarantee condition on Friday

The commercial enterprise rescue practitioners of South African Airways have called a creditors' meeting for Friday 24 July, on the…

July 24, 2020

Business: Mboweni wants DA to provide ‘evidence’ for SAA bailout allegations

Finance Minister Tito Mboweni has hit back at claims by the DA that National Treasury plans to extend a bailout…

July 19, 2020

‘Mobilising’ SAA funding doesn’t mean money is there yet – nor that the playing field is even

Minister of Public Enterprises Pravin Gordhan and Finance Minister Tito Mboweni on Thursday wrote a letter to South African Airways'…

July 17, 2020

South Africa urges creditors to back rescue plan

South Africa’s public enterprises ministry on Wednesday urged creditors to back a rescue plan for cash-strapped South African Airways (SAA).…

June 24, 2020

Business: Gordhan Stakes Clout for South Africa on Reviving Airline

Pravin Gordhan, South Africa‘s minister for public enterprises, is staking his own credibility and that of President Cyril Ramaphosa‘s government…

May 24, 2020

South African Airways cancels flights after recalling some planes

South African Airways (SAA) on Tuesday recalled some of its planes to undertake compliance checks, indicating that it may consequently…

October 22, 2019

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