Distressed South African Airways (SAA) has so far handed back seventeen (17) leased aircrafts, following the decision of the lessors to initiate …
Airways
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ATQ News ArchiveATQ News UpdatesAviation
Aviation: Distressed South African Airways torn between two clashing business ideologies
by Atqnewsby AtqnewsThe South African Airways’ business rescue process is still struggling to find much direction. At the heart of this dilemma is a …
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ATQ News ArchiveATQ News UpdatesAviation
Aviation: Former Chairperson of South African Airways gets life ban
by Atqnewsby AtqnewsA life ban from holding any directorship verdict has been handed to Ms. Dudu Myeni, former Chairperson of South African Airways. In …
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ATQ News ArchiveATQ News UpdatesAviation
Aviation: South African Airways to end; true independence & clean balance sheet crucial for new airline
by Atqnewsby AtqnewsLong-suffering South African Airways appears likely to permanently end operations, the country’s government has suggested. In its place will be a brand-new …
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ATQ News ArchiveATQ News UpdatesAviation
Aviation: Has South African Airways reached the end of the runway?
by Atqnewsby AtqnewsThe past decade has been turbulent for SAA and it had become a somewhat annual pilgrimage for its executives to go to …
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ATQ News ArchiveATQ News UpdatesAviation
Africa: South African Airways liquidation postponed for now
by Atqnewsby AtqnewsThe “immediate threat” of the liquidation of South African Airways (SAA) has been averted, the Department of Public Enterprises (DPE) announced on …
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ATQ News ArchiveATQ News UpdatesAviation
Aviation: South African Airways nears collapse with plan to fire all staff
by Atqnewsby AtqnewsSouth African Airways plans to lay off its entire 4,700-strong workforce after failing to persuade the government to provide more financial help, …
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ATQ News ArchiveATQ News UpdatesAviation
Aviation: South African Airways to continue repatriation of foreign nationals
by Atqnewsby AtqnewsSouth African Airways (SAA) will continue to aid repatriation of foreign nationals wanting to be reunited with family in their home countries. …
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ATQ News ArchiveATQ News UpdatesAviation
Aviation: South Africa Airways scraps 162 flights amid coronavirus crisis
by Atqnewsby AtqnewsNational carrier South African Airways is scaling down its capacity, as coronavirus wreaks havoc on the global transport industry. The airline is …
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ATQ News ArchiveAviation
Aviation: South African Airways secures R3.5 billion lifeline from development bank
by Atqnewsby AtqnewsAgain, haemorrhaging South African Airways(SAA), has secured R3.5 billion in loan funding from the Development Bank of Southern Africa. According to capetalk.co.za, …