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Govt could be forced into saving SAA: Analyst via SABCNewsOnline

SAA continues to struggle with an unprofitable route network, ageing and inefficient aircraft and a bloated workforce.

Aviation Analyst Guy Leitch says the decision by three travel insurance companies to stop covering tickets issued by South African Airways against uncertainty over the longevity of the national carrier could just force government’s hand in saving it.to stop selling tickets for the airline this week.with an unprofitable route network, ageing and inefficient aircraft, and a bloated workforce.Leitch says SAA’s liabilities exceed its assets by a significant amount.

 

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