SAA will continue to lease aircraft, says board

2017-03-20 14:20

The SAA board says the national carrier will continue to lease aircraft in the foreseeable future as it is “simply not in a position” to buy them.

Airbus finally gets SAA documents for Nene’s deal - reports

2015-12-24 09:11

Airbus has confirmed that SAA has supplied it with the required legal documents for the lease of five A330-300 aircraft, eventually following ex-finance minister Nene's directive.

D-Day for R603m SAA payment to Airbus

2015-12-20 17:18

The SAA Airbus deal is down to the wire, with R603m due on Monday unless Treasury and SAA can reach an agreement on the controversial contract.


Treasury working with SAA as Citigroup ends credit facility

2016-01-12 09:11

Treasury says it is working with SAA to ensure the company has enough liquidity to continue operating after Citigroup cancelled a short-term credit facility.

SAA Airbus swap deal goes Nene's way

2015-12-21 22:13

SAA chairperson Dudu Myeni has officially lost her battle to reconfigure the airline’s Airbus swap deal, which could have threatened the airline's financial stability.

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