The R800 mil in debt is NOT that to finance aircraft, this is money borrowed to keep the doors open. Transnet has stood good for the money, SAX has NO assets against which to secure that kind of loan independently. I would love to see SAX turn the corner. But i don't see the Q400 as the solution.
It is NOT suited or efficient on a 600nm sector to GRJ. It has to compete against a very low cost JET shortly on BFN. Until all 8 are delivered and the CRJ’s are phased out, there will be NO economies of scale. To run 3 fleets is madness.
I think I am on record as to the solution for the SAA branded feeders and their long term growth.