SAA encouraged by government’s assurances for funding

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South African Airways (SAA) remains encouraged by government’s assurances that funding will be made available and that it will be able to pay packages to certain staff and settle creditors.

The national airline’s spokesperson Tlali Tlali has reiterated that SAA requires R10.5 billion.

Government has said it is in the process of sourcing the funding. This comes as SAA says it is hoping that talks with SAA Technical – which is a separate entity within the stable – over payment of tens of millions of rand owed will bear fruit and Mango Airlines will not be grounded.

SAA Technical has withdrawn its services to Mango due to non-payment. Mango says it remains committed to flying all passengers to their respective destinations as planned, especially over this weekend.

Tlali Tlali has confirmed that SAA owes SAA Technical tens of millions of rand – but hopes the matter can be resolved.

Tlali Tlali on SAA Technical withdrawing services: