PPRuNe Forums - View Single Post - ANOTHER bail-out for SAA!!!
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Old 1st Nov 2012, 10:25
  #34 (permalink)  
Ghost_Rider737
 
Join Date: May 2007
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Table view.........SAA management sold the slot into LHR. How do you suppose we gonna get the slot back ? .

"According to the report, Heathrow slots are worth their time in gold at an estimate R300-million, and are so difficult to come by that SAA will more than likely not be able to acquire it again in the future. The last time Heathrow allocated a new morning slot was in 1997.

SAA commercial general manager Theunis Potgieter has confirmed the deal but the buyer or the selling price has not been made known.

According to Potgieter, SAA did try to rent it out since the times are not transferable between airlines and must either sold or leased out.

Preference was given to other African airlines but "unfortunately we were unsuccessful. The result was that SAA put the slot up for sale and an agreement was finally entered into.”

This SAA slot at 6:20am at the world’s busiest international airport, is especially valuable because of landing time which gives business travellers a full day to do business in London."

Last edited by Ghost_Rider737; 1st Nov 2012 at 10:27.
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