SAA
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AVIATION
Government hires RMB to advise on possible SAA stake sale
South Africa’s Rand Merchant Bank, the investment banking arm of FirstRand Ltd., has been appointed as an adviser to help…
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AVIATION
What the new SAA will look like
The Department of Public Enterprises (DPE) says it’s working with other stakeholders to finalise the business rescue plan for South…
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AVIATION
SAA business rescue stalls due to funding problems
The planned business rescue of South African Airways is in limbo because government attempts to raise R5.3 billion of immediate…
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AVIATION
New SAA will prioritise equal employment over experience for pilots
Equal employment will be more important than seniority for determining which pilots will be retained at the “new SAA”. This…
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AVIATION
SAA administrators confirm business rescue will proceed
The administrators of South African Airways (SAA) said conditions for a business rescue have been met. The administrators commented in…
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Featured
South African banks want their money back from SAA
South African banks have insisted on assurance from the government that the billions of rand they have lent to South…
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AVIATION
DA lodges court bid to block emergency funds for SAA
Tito Mboweni did not respond to a letter asking that he confirm that he will not invoke a section of…
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AVIATION
Acting CEO appointed for “the New SAA”
South African Airways (SAA)’s current chief commercial officer Philip Saunders has been appointed as the acting chief executive of the…
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AVIATION
How much SAA employees will be paid if the airline is shut down
The Department of Public Enterprises (DPE) has warned South African Airways (SAA) labour unions and creditors against voting for the…
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AVIATION
Government and unions clash over SAA overhaul
South Africa’s Department of Public Enterprises announced its withdrawal from a panel that was established to facilitate talks with the…
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