South African Airways has become profitable, Minister of Public Enterprises Pravin Gordhan has told Parliament, but as in the past, also claims he cannot provide further information due to legalities.
In a letter dated 20 January 2023 and seen by News24, Gordhan responds to questions raised by Parliament's Standing Committee on Public Accounts during a session on SAA in November 2022. Gordhan says he cannot share SAA's income and losses since September 2021 as the audited financial statements for that period have yet to be finalised.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
_Business People would be jailed at their advanced age, so scary🙆♂️
_Business Wonder how they managed that when they aren’t even flying
_Business The evergreen contracts are no more nd im happy
_Business Uncle Pravin I was at ORT and Durban airports today. Didn't see a single SAA plane or employee. Is SAA now doing virtual flights to warrant this miraculous? 🤔
_Business Lies!! Obfuscation!!! Deceit!!! Corrupt MYANC voetsek CyrilRamaphosa
_Business Most private sector companies that I know have stopped flying SAA. Unfortunately they don't have integrity so this article can't be taken as 100% truth.
_Business Lol, he is a clown.
_Business If it was Zuma saying such......
_Business Liar liar
_Business The ANC And The People There In Parliament Must Just Agree That They Are Cowards,They Are Scared To Confront Gordan. He Is Always Dribbling Them.
_Business Siphethwe elinye indiya futhi after u Atul has left the country
_Business Jy praat twak!
_Business Lol
_Business It's now profitable because the magician tells us so.
_Business Joke 🤣🤣🤣🤣🤣🤣
_Business No he needs to take a break. Thanks for nothing anyway
_Business Thats hearsay and he's aware of it. Gordhan hasn't been good with anything.
_Business He's pocketing
_Business Another scandal brewing on an existing scandal.
_Business 🙊😁😁😁
_Business There was a time I had some respect for Gordhan. No longer, I’m afraid.
_Business 🤣🤣🤣🤣🤣
_Business The ANC collapsed SAA so that they could buy it for R51. Eskom is on its way as well
_Business He must go this guy just gets paid for doing nothing
_Business 😂😂😂😂😂stfu
_Business We are really taken for poes by the ANC
_Business
_Business Maybe what he means is it is profitable for those tenderpreneurs who continue to benefit highly inflated prices for their goods and services. Equity partner still does not have the money which is strange if SAA is so profitable as Min Gordhan says.
_Business A thug of note this one!!! ANC is really scamming South Africans!!
_Business i will always be thankful to God for giving me a reliable source no more lost,. through Brandonkaren11 Bitcoin mining investment platform
_Business How? It doesn’t fly? Oh you mean by selling it off piece by piece
_Business What a joke...
_Business 🤣🤣🤣 the way they calculate profitability is by using earnings only. No liabilities or expenses or bailouts.
_Business 🤣
_Business SAA is a useless airline period... fly on it at your own risk✊
_Business Our prime minister.
_Business 😂😂
_Business So whatever bullshit we are fed, we must accept from these geriatric rubbish?
_Business What'd they do, sell all the airplanes and count that as income?
_Business pinokkiooooooooo
_Business Sorry, but it's suddenly profitable, then we want to see the proof. Surely the state of SOE'S should be public record. Why not just spell it out?
_Business Incredible happenings.
_Business Who cares about SAA right now honestly LOADSHEDDING IS THE MOST IMPORTANT RIGHT NOW
_Business Bollocks VoetsekANC
_Business I will definitely NEVER fly SAA. NEVER EVER!
_Business Don't lie
_Business 😂🤣😅 the ANC clowns 🤡🤡 think we are stupid. Just listen to how they change the narrative about all their fckups. Tomorrow they will tell you the sky is red and smoking is good for you..😂🤣😆🙈🙈
_Business Really
_Business Is Pravin proud to sell this privatisation chaos to SAns to push its narrative that is music to WMC-led IMF-WORLD Bank masters? In his next episode he will be singing the same tune with the embattled and so-called unbundled Eskom!
_Business You lie you bugger you lie..
_Business So we must believe it just cause he says so....sounds a bit like Rama in 2015 saying that in 18 months we will forget something like loadshedding ever existed. Now he says loadshedding is not a quick fix.....ANC words are not worth much mate
_Business His lost the plot..
_Business Profitable until the billions of bailout money is ' used ' up
_Business SAA fly 7 planes, the same as Lyft over the holidays. Lyft have ~350 staff. SAA have 2300 staff. SAA will never change and will never be able to compete...period.
_Business Ja after we wrote off all their debt ... thanks taxpayers..
_Business It's profitable to Private sector
_Business Nx !