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South Africa bails out broke South African Airways
South African Airways has been given a government lifeline, once again. Finance Minister Tito Mboweni on October 28 announced that the South African government would allocated another R10.5 billion...
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South African Airways exits from bankruptcy protection
South African Airways today exited from bankruptcy protection, referred to as “business rescue” in South Africa. The flag carrier issued this short statement after submitting a business rescue plan:...
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South Africa to sell its 51% share of SAA to Takatso
South African Airways is being saved with new private investors. The government has agreed to sell 51% of the stock in the flag carrier. Under the agreement, SAA will now be majority owned by the...
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South African Airways secures a new AOC, will resume operations in a “few weeks”
South African Airways has made this announcement: SAA has taken another significant step closer to resuming operations after being granted a renewed operating license by the regulator, the South...
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South African Airways to launch regional flights again on September 23
South African Airways has made this announcement: The wait is finally over. In just under a month, the striking and familiar livery of SAA will once again be visible in the skies as the airline resumes...
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South African Airways resumes operations
South African Airways on September 23 resumed operations after being shut down for a year and reorganized as a leaner carrier. The flag carrier issued this statement: Following months of preparation...
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South African deploys larger aircraft on some Durban and Cape Town flights
South African Airways has made this announcement: South African Airways (SAA) has taken note of a decision by the South African Civil Aviation Authority (SACAA) to indefinitely ground all Comair...
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