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SAA wants four planes – fast – with no government involvement | Business

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SAA would like one passenger airplane delivered within a month., and three more soon after. It would prefer not to put down any deposit, and definitely won't involve its shareholder. | News24_Business

SAA is trying to secure a deal on four Airbus planes in a matter of weeks, ideally with one delivered in June.

Ideally it wants to lease those planes for three years, on a"power by the hour" basis, which would mean the craft are fully serviced and maintained, and SAA pays only for the time they spend in the air, but it will also consider paying a monthly fee."SAA will not consider [proposals] for leased aircraft if any security is required over and above security usually requested and provided in respect of aircraft leases," the state-owned company told potential bidders.

Between the financial risk and the speed of those conditions, such a deal will be extremely expensive, said potential suppliers of such planes – if it can be done at all.

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