South African Airways has announced that it continue its efforts to save costs, despite a cash boost from the Development Bank of Southern Africa .
Earlier this week, the SAA business rescue practitioners secured a funding commitment of R3.5 billion from the bank.
Just cancel SAA period !
After getting 3.2 billion. Wat was the money for then?
The more SAA flights are canceled, the more money from the bank loan becomes available to loot.
Tjo! What is their excuse this time coz DBSA gave them money yesterday nje
MlangeniMbuyis2 That time British Airways and Kulula are owning our domestic routes and making money, we not even having a single domestic flight in the UK. Disappointing shit! MYANC this is your fault with policies that are coming from the dark! Nonsense ruling party.
Banana republic
Just got back from a young daily session of loadshedding from Eskom and as soon as the power and internet comes back: reading SAA is going down. The country is on its knees. Wow.
Just shut it down.
flySAA_US just privatize once and for all asomblief
Retrenchment is knocking
Ai mahn a ba erekise once batlwele go dlala ka runa
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SAA cannot be rescued: DA - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Democratic Alliance (DA) says it does not believe South African Airways (SAA) can be rescued and that the business rescue practitioners appointed to save the airline should instead apply for liquidation. The Our_DA just wants their funders to buy SAA helenzille jsteenhuisen Natasha9Mazzone if SAA can't be rescued why are there private interests in it? Good Morning, This is the email I've send to Minister tito_mboweni and I am still waiting for his reply. I thought I could also share it with you for his attention. Wait until ANC hear that
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DA raises concerns over SAA possibly using UIF funds to pay out retrenchments | IOL NewsThe DA alleges that SAA's business practitioners may be eyeing the Unemployment Insurance Fund to payout retrenchment packages for its staff. Why not, UIF is sitting with so many people's money and unfortunately they are eligible to get that money as they change their rules, SAA has every right to do it.
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SAA on a high following DBSA cash injection - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.South African Airways (SAA) has advised passengers, travel agencies and airline partners to continue booking flights on the airline after receiving R3.5 billion emergency funding from the Development Bank of Southern Africa (DBSA). They'll be back on a begging trail 6 months down the line. So, there's nothing to be excited about. On a high my ass.... Till next month
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SAA restructuring aims to preserve jobs where possible - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.South African Airways(SAA) says the restructuring process being undertaken by the business rescue practitioners, will aim to preserve jobs where possible. 🤣🤣🤣🤣 pravingordhan CyrilRamaphosa the world is laughing at you At what cost to the dwindling tax payer base?
Source: SABC News Online - 🏆 32. / 51 Read more »