South African Airways (SAA) continues to report steady, sustainable growth three years after returning to the skies. The national flag carrier entered business rescue in December 2019, just weeks before the outbreak of the Covid-19 pandemic. After 18 months of non-operation and comprehensive restructuring, SAA returned to the skies on 23 September 2021 with just…
Tag: SAA
SAA Receives $54.9M Toward Historical Debt
South African Airways (SAA) has welcomed the announcement by Finance Minister, Enoch Godongwana, of a R 1 billion (approx. $54.9M) allocation to settle a portion of the outstanding obligations on the implementation of SAA’s 2020 Business Rescue Plan. As noted by Minister Godongwana, the allocation is part of the government’s commitment to the business rescue…
Mango Airlines Wants Minister of Public Enterprises to Approve its Sale as a Matter of Urgency
South African Airways (SAA) says it has taken note of the court application by Mr Sipho Sono, Mango Airlines’ Business Rescue Practitioner (BRP) against the Minister of Public Enterprises and SAA regarding the processes governing the disposal of SAA’s shares in Mango to the investor identified by the BRP. Mr. Sono is asking the court…
KQ and SAA Customers to Enjoy Lounge Access in Both Countries
Kenya Airways (KQ) and South African Airways (SAA) have announced a new lounge access agreement for its customers as part of the Strategic Framework Agreement (SPF) signed in November 2021. The lounge access agreement will allow KQ business class customers to have exclusive access to the lounge services at the SAA ultra-modern Premium lounge located at O.R…