SAA salaries paid up for March, say business rescue practitioners

2020-03-26 19:47

Salaries for March at embattled state-owned airline SAA were paid in full on Thursday, according to one of the joint business rescue practitioners, Siviwe Dongwana.

WATCH | Parking pain: Airlines, airports hunt for storage space as pandemic idles

2020-03-24 17:44

As airlines idle thousands of aircraft due to the coronavirus pandemic, they are facing an unprecedented problem: finding a place to park them

Switzerland is now also on South Africa’s Covid-19 travel ban list. Here’s the full rundown.

2020-03-19 08:43

South Africa has banned travellers from ten countries, and instituted enhanced health screening for three more with cases of the novel coronavirus. Charter flights have also been limited to specific airports only, where health screening can be done.

The cheapest seat on a flight from Cape Town to London right now is going for R13 005

2020-03-18 14:14

Going home, if you are a Brit in Cape Town, just got rather expensive.

Gordhan: Other airlines are asking SAA to take on their passengers

2020-03-18 09:48

Many airlines have grounded more than 50% of their planes.

Airlines across the globe could be bankrupt by May, warns industry body

2020-03-16 21:55

By the end of May 2020 numerous airlines across the globe could be bankrupt, according to an analysis by the Centre for Asia Pacific Aviation.

'Real killer blow': Global airline stocks plunge on Trump's travel ban - analysts expect a '30%-50%' drop

2020-03-12 15:49

"The global airline sector's market capitalisation has dropped by $40.6 billion, or 25%, in the last month alone," one analyst said.

SAA begins consultations, 4 700 jobs affected

2020-03-09 16:57

The business rescue practitioners of SAA contemplate that all 4 708 employees will be affected by notices sent out on Monday.

SAA business rescue practitioners on leaked rescue plan: Various drafts doing the rounds

2020-03-04 20:10

The business rescue practitioners of SAA have circulated a number of drafts to relevant stakeholders for comment, Fin24 was told on Wednesday evening.

Comair hit by SAA claim uncertainty, impact of grounded Boeing

2020-02-28 21:05

Comair reports a headline loss of R564 million, of which R450 million is attributable to the increase in a loss allowance on an SAA damages claim.


FlySafair suspends operations for 21-day lockdown

2020-03-25 13:17

FlySafair has joined the list of airlines which will temporarily suspend operations during the 21-day lockdown.

Comair to restructure, cut jobs

2020-03-23 19:08

Comair, which operates as well as British Airways under its SA licence, has begun a restructuring process.

27 airlines are suspending or severely reducing flights as coronavirus-related restrictions take hold

2020-03-18 16:17

Reduced demand for travel has caused airlines to temporarily shutter operations as Covid-19 continues to spread and nations close borders.

SAA scraps 162 flights amid coronavirus crisis

2020-03-18 10:54

National carrier SAA says it is scaling down its flight schedule as it faces a drop in demand due to the coronavirus outbreak.

SA Express suspends operations

2020-03-18 08:21

SA Express was placed under business rescue by order of the courts in early February, but the coronavirus worsened its situation.

SAA, Mango taking steps to protect passengers, crew from coronavirus

2020-03-13 06:01

SAA has already taken steps to reduce any potential impact caused by the Coronavirus pandemic, the airline's spokesperson Tlali Tlali tells Fin24.

Will the coronavirus spell the end of SAA?

2020-03-12 15:32

The impact of the coronavirus pandemic on the already-embattled SAA will likely strengthen the hand of the airline's business rescue practitioners, says an economist.

Airlines seeing double-digit declines on coronavirus outbreak - industry body CEO

2020-03-07 09:30

The coronavirus outbreak is a global crisis is testing the resilience of the airline industry, warns the CEO of the International Air Transport Association.

Airlink loses court bid to recover ticket sale funds from SAA

2020-03-03 15:52

SAA is not compelled to pay over money it is holding on behalf of privately-owned regional airline Airlink, the Gauteng High Court rules.

At least 62 airlines have canceled flights beyond China as the coronavirus spreads globally — here's the full list

2020-02-28 20:05

As the coronavirus spreads airlines are cutting services on routes that don't even touch Chinese territory in places like Italy and South Korea.

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