Browsing: South African Airways (SAA)

The South African Airways (SAA) will stop all its flights to Entebbe International Airport effective end of this month. February flight schedule for remains unchanged though.

The move is part of the airline restructuring plan intended to support its transformation into a profitable and sustainable business.

“On 29th February, SAA will close the following regional and international services from Johannesburg to Abidjan via Accra, Entebbe, Guangzhou, Hong Kong, Luanda, Munich, Ndola, and Sao Paulo,” the joint Business Rescue Practitioners (BRPs) of SAA announced yesterday in a press statement published on the company website.

Despite the airline ceasing some flights, it has retained some regional services including flights from Johannesburg to Blantyre, Dar es Salaam, Lusaka, Lagos, Harare, Kinshasa, Lilongwe, Maputo, Nairobi, Mauritius, Victoria Falls, Livingston and Windhoek.

“The initiatives we are taking now will strengthen SAA’s business. We believe that this should provide reassurance to our loyal customers that SAA …

South African Airways (SAA) said it does not have the financial capacity to meet workers’ eight-percent salary increase demand.

The airline said it could only pay 5.9 percent from March 2020, assuming funds will available at that time.

The strike at the South African Airways is entering its sixth day, due to a dire financial situation. The airline had initially said the action cost $3.4 million a day, though that figure came down as some canceled flights resumed. The resumed flights were to Accra, Lagos, Lusaka, Maputo, Windhoek and Harare.

On domestic flights, the airline worked with Mango Airlines to accommodate as many customers traveling on domestic services and refunding passengers their flights or travel with other airlines. It promised to resume domestic flights, one between Cape Town and Johannesburg and another one between Johannesburg and Durban.

“We call on all our employees to return to work for the sake …

Ethiopian Airlines Group to consider buying a stake in South African Airways (SAA) should South Africa decide to sell equity in the struggling state carrier.

Since 2011 South African Airways has not made profit, the airline delayed the release of its annual earnings due to its precarious financial state.

Group Chief Executive Officer of Ethiopian Airlines, Tewolde GebreMariam said that despite the African National Congress saying it would consider selling equity in the airline, there has been no visible strategy for such a plan.

“We are interested in supporting South African Airways,” he said in an interview at Ethiopian’s head office near Addis Ababa airport.

He added that if South Africa asked Ethiopian to buy a stake they would consider it. Ethiopia and SAA are already partners in the Star Alliance.

Tewolde said that the group had discussions with SAA’s former Chief Executive Officer Vuyani Jarana before his resignation in …