South African Airways

South African Airways gets $272 mln lifeline as it enters business rescue

South African Airways (SAA) was set to enter a business rescue process on Thursday, with a 4 billion rand ($272 million) lifeline from government and banks announced by a minister.…

5 years ago

by Abiodun Ogundairo

South African Airways strike reflects country’s economic woes

South African Airways (SAA) workers have been on strike for a week. While some unions have accepted SAA's offer, economists believe the state-owned airline’s crisis is only the tip of South Africa’s…

5 years ago

Africa·News

Striking union in SA threaten to shut down entire aviation industry

Striking unions have threatened to shut down South Africa's entire aviation industry by extending industrial action beyond state-run South African Airways. CEO, Billion House Consultant discusses implication of the strike by the…

5 years ago

Business·News

More than 900 jobs at risk, says South African state airline

South African Airways said in a statement it could cut more than 900 jobs as it undergoes restructuring in the face of severe financial losses.…

5 years ago

Business·News

South African Airways

South African Airways gets $272 mln lifeline as it enters business rescue

South African Airways strike reflects country’s economic woes

Striking union in SA threaten to shut down entire aviation industry

More than 900 jobs at risk, says South African state airline

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