Go Back  PPRuNe Forums > PPRuNe Worldwide > African Aviation
Reload this Page >

South African Airways. The end.

African Aviation Regional issues that affect the numerous pilots who work in this area of the world.

South African Airways. The end.

Old 17th Jun 2020, 13:27
  #61 (permalink)  
 
Join Date: Sep 2007
Location: Bishops Stortford
Age: 63
Posts: 143
Received 0 Likes on 0 Posts
The Business Rescue Plan has now been published. The proposal includes plans to restart flying in July 2020 using six narrow bodied aircraft, expanding in September to 10 small narrow body, 9 narrow body and 4 wide body aircraft and adding a further 3 wide body aircraft in January 2021. 1,000 employees will be retained at the start, increasing to 2,892 by year end.

Full report here: https://matusonassociates.co.za/wp-c...escue-Plan.pdf

caiman27 is offline  
Old 16th Jul 2020, 20:52
  #62 (permalink)  
Paxing All Over The World
 
Join Date: May 2001
Location: Hertfordshire, UK.
Age: 67
Posts: 10,126
Received 58 Likes on 48 Posts
Mail & GuardianSouth African Airways’ creditors have approved the state airline’s business rescue plan, bringing to an end a long seven-month process.

Business rescue practitioner Siviwe Songwana told the meeting of creditors on Tuesday that 86% of them had voted in favour of the plan, which will see the airline dissolved to make way for a new airline.

PAXboy is offline  
Old 17th Jul 2020, 09:06
  #63 (permalink)  
 
Join Date: Sep 2007
Location: Bishops Stortford
Age: 63
Posts: 143
Received 0 Likes on 0 Posts
Actually not. The funding has yet to be approved. No-one wants to take responsibility for what is essentially a political decision that for the most part only benefits the richest of South Africa's citizens.
caiman27 is offline  
Old 18th Sep 2020, 01:21
  #64 (permalink)  
Paxing All Over The World
 
Join Date: May 2001
Location: Hertfordshire, UK.
Age: 67
Posts: 10,126
Received 58 Likes on 48 Posts
From the South African: Daily Maverick
SAA is again in danger of liquidation as urgent funding for the state-owned airline’s business rescue process has failed to materialise.

The Department of Public Enterprises, which is the sole shareholder of SAA, has missed the Thursday 17 September deadline to provide at least R10.4-billion for the airline to be restructured.

The deadline was set by the SAA business rescue practitioners, Siviwe Dongwana and Les Matuson, on 10 September, when they warned that the airline was facing a dire financial situation because funding from the government had been serially delayed.

On Thursday 17 September, the rescue practitioners informed SAA creditors that they had again failed to secure funding from the government despite the approval of the airline’s business rescue plan two months ago.

“The business rescue practitioners hereby advise affected persons that the anticipated funding has not been received by the company in accordance with the commitment from government to provide the funding for the restructuring of the company and the implementation of its business rescue plan,” Matuson and Dongwana said in a letter to SAA creditors and other affected parties.
PAXboy is offline  
Old 26th Sep 2020, 11:48
  #65 (permalink)  
 
Join Date: Jun 2001
Location: in the hills
Age: 68
Posts: 358
Likes: 0
Received 0 Likes on 0 Posts
Fuelflow

While I understand your sentiment, having lived and worked there for a number of years, I tend to agree with some of the negative sentiments you have aroused! Surely you cannot consider that only African (and by this you infer black) pilots should be considered as the future of SAA. On what grounds do you base this? Yes you were disadvantaged under Apartheid, but so were the 'Coloured' and Indians so why do you exclude them from your numbers? That is surely a demonstration of the racial intolerance that you hold, and does you no favours in trying to be heard on an international forum!
My belief is that all ethnicities in SA are 'African', with a shared interest in the prosperity and stability of the country. Until you let go of the injustices of the past and decide to all (including the white citizens) get together and work to make the best of SA, then not much will be achieved.
By the implicit threat of continuing racism, albeit in a reverse direction, then those who still hold a lot of the financial power (i.e. whites) will be very adverse to relinquishing their positions.
wheelbarrow is offline  
Old 30th Sep 2020, 02:55
  #66 (permalink)  
 
Join Date: Sep 2007
Location: A little south of the "Black Sheep" brewery
Posts: 434
Likes: 0
Received 0 Likes on 0 Posts
BBC

18:18 29 Sep

South African Airways operations suspended

Operations of South African Airways (SAA), the country's national carrier, have been suspended with immediate effect.

"This means SAA will complete repatriation flights that have already been scheduled but will not schedule any further flights," Business Day news site reports.

Administrators said they were putting the struggling state-owned carrier under "care and maintenance" until funding for a restructuring plan was found.

The airline was put in bankruptcy protection in December after heavy financial losses in the past few years, which have been exacerbated by the Covid-19 pandemic.

The government has not come up with more than 10.5bn rand ($621m; £483m) to support a restructuring plan outlined by administrators in June, EWN news site reports.
Trossie is offline  
Old 6th Oct 2020, 13:05
  #67 (permalink)  
Paxing All Over The World
 
Join Date: May 2001
Location: Hertfordshire, UK.
Age: 67
Posts: 10,126
Received 58 Likes on 48 Posts
Rather than start a new thread:

Workers get their slice of SA ExpressMail & Guardian
PAXboy is offline  
Old 6th Oct 2020, 23:16
  #68 (permalink)  
 
Join Date: Jul 2010
Location: Asia
Posts: 1,531
Received 45 Likes on 27 Posts
Ethiopian Airlines are offering to operate long haul flights for SAA, but aren’t going to get involved in a rescue plan. Ethiopian have an extensive route network already and could easily extend the Addis - JNB flights onwards or base a few aircraft in SA. They already employ contract pilots so there might be some jobs going but they won’t be on SAA T&Cs.


https://simpleflying.com/ethiopian-a...-africa-offer/
krismiler is offline  
Old 9th Oct 2020, 00:41
  #69 (permalink)  
Paxing All Over The World
 
Join Date: May 2001
Location: Hertfordshire, UK.
Age: 67
Posts: 10,126
Received 58 Likes on 48 Posts
Again, not to start a new thread:
Cape Town – Antigen tests for coronavirus detection will be rolled out to all ports of entry with immediate effect, the government said on Thursday.

On arrival, a traveller will be screened for symptoms and sent for testing should they not have a certified polymerase chain reaction (PCR) test result. The test will be conducted at a fee of about R150-R170 and will be paid by the traveller.

Anyone who is red-flagged for showing symptoms of Covid-19 may still be quarantined, even with a negative antigen test.
Travellers to SA given fast, cheap option to test for coronavirus at ports of entry IoL
PAXboy is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.