SAA requires modern fleet to compete outside of Africa, says CEO
“SAA used to generate revenue on trips to cities such as London, but its ageing Airbus SE planes have prohibitive operating costs”.
“SAA used to generate revenue on trips to cities such as London, but its ageing Airbus SE planes have prohibitive operating costs”.
Described as a cross between a train and a plane by its champion, Pretoria old boy Elon Musk, the Hyperloop shoots passenger-carrying pods at high speed through a low friction tube.
It’s a classic “devil’s bargain” where Pravin Gordhan has agreed to retain Dudu Myeni on the SAA board and in return gets something that he really does not want.
Aesthetic medicine specialist Reza Mia chats to Alec Hogg about his journey from medicine to revolutionising business travel with vertical takeoff jets.
SAA has suspended Treasurer Cynthia Stimpel pending an investigation into a misconduct charge, the latest in a wave of disciplinary proceedings at the state carrier.
South African Airways (SAA) is open for business and will remain so, Finance Minister Pravin Gordhan said on Wednesday.
The National Treasury is working with SAA to ensure the company has enough liquidity to continue operating after Citigroup canceled a short-term credit facility.
South African Airways (SAA) could have cost the country an extra few billion rand if the Airbus deal was changed again says Mike Schussler of Economists.co.za.
Finance Minister Pravin Gordhan, directed the Board of South African Airways (SAA) to conclude the swap transaction with Airbus in line with approval granted in July 2015.
Airbus is willing to proceed with a government-approved deal to lease five A330 wide-body planes to SAA, even after the state-owned carrier’s chairwoman sought to renegotiate the deal in defiance of the country’s National Treasury.