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Tag Archives: South African Airways(SAA)

Myeni lashes out at State Capture Inquiry, political structures over corruption at SAA

5 November 2020, 2:19 PM

Former South African Airways (SAA) board chairperson Dudu Myeni has lashed out at the Commission of Inquiry into State Capture and political structures for failing to fully investigate corruption and fraud allegations against the airline’s former CEO Coleman Andrews and the board.

SAA

Court orders SAA to pause on retrenchments

8 May 2020, 6:39 PM

The Business Rescue Practitioners at South Africa Airways (SAA) have been ordered by the Labour Court in Johannesburg to withdraw their retrenchment consultation noticesĀ  with the court saying the issuing of the notices was procedurally unfair.

SAA

SAA international flights suspension might lead to liquidation: Experts

20 March 2020, 4:05 PM

Aviation experts says the decision by South African Airways (SAA) to suspend all its international flights will eventually push the airline to either liquidation or to re-starting on a new slate

SAA

DBSA says loan to SAA was to prevent the airline from collapsing

4 February 2020, 3:07 PM

The Development Bank of Southern Africa (DBSA) says it had to provide a R3,5 billion loan to SAA to prevent it from collapsing or being liquidated.

SAA restructuring aims to preserve jobs where possible

29 January 2020, 7:25 AM

South African Airways(SAA) says the restructuring process being undertaken by the business rescue practitioners, will aim to preserve jobs where possible.

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