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Restructuring at SAA - loss of key staff

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Restructuring at SAA - loss of key staff

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Old 29th Jun 2007, 10:32
  #61 (permalink)  
 
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Well its out in public domain, SAA posted a loss of R883 million.
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Old 29th Jun 2007, 13:28
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NEWSFLASH:

SAA has signed a MOU with Airbus for the purchase of 5 A350's, as part of the restructuring recapitalisation.
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Old 29th Jun 2007, 15:11
  #63 (permalink)  
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SAA management are not incompetent, they just purely and plain and simply know nothing about aviation. The few catchphrases and jigles dont constitute proper management. Monkey see...monkey do...how many more chances do they need?

Sorry Deskjocky, this goes for any also who tries do defend them.
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Old 29th Jun 2007, 15:53
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NEWSFLASH:

''SAA has signed a MOU with Airbus for the purchase of 5 A350's, as part of the restructuring recapitalisation.''

Sorry drifting of the thread topic here for a second,but if my memory serves me right,did'nt SAA pay deposit to the B company for some 777's which they never got due to some minor hic-ups re''who will get how much out of the deal''?So my''gut feel''say that signing a piece of paper will hold even less commitment(water) !!! Just a thought !!

"Talk is cheap,but money buys the Whiskey''
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Old 29th Jun 2007, 20:34
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What is the source of this "Newsflash" please. There is nothing about this on the official Airbus website.
Or is this a rumour? Please specify...
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Old 29th Jun 2007, 20:39
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The only Memo of Understanding on the Airbus website that was signed today (29 June 2007) is by TAM for 22 A350's.
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Old 29th Jun 2007, 20:45
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I once heard an SAA pilot say that if you cut the top levels of management off to just above the pilots the company would make a profit. Is this true?
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Old 29th Jun 2007, 21:49
  #68 (permalink)  

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oerlikon

which airline isn't that true for
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Old 29th Jun 2007, 23:34
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A profit making one?????

Been shot down in the past for sniping at SAA, seems you can't say what's true until it comes out on the news!

(Not so 4Hp)
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Old 1st Jul 2007, 08:24
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In the news paper today : SAA begging for just another 4 billion to keep going.................

Seems to be hinting on new a/c...........believe KN is on his way to Boeing this week.............maybe going to talk about taking up their offer to buy all or some of the "busses" and replace them with Boeings

E
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Old 1st Jul 2007, 09:12
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That's not going to help. The next 787 delivery is in 2013. Not sure for the 777, but will no be soon either.
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