Aviation Consultancy to Map Out New Airline to Replace SAA

The South African government has announced it will be starting up a new airline to replace South African Airways (SAA) - the continent's second biggest airline.

The Department of Public Enterprises says the new airline will not be the old SAA, but a restructured airline that South Africans can be proud of.

The move comes as the SAA business rescue practitioners moved to axe the entire workforce of SAA because the airline is broke.

END OF AN ERA

It’s an end of an era for SAA, which has been in the air for 86 years.

The airline has been depending on government bailouts until it was placed under administration last year because of financial problems.

Last month, the business rescue practitioners asked for more money from government but were denied this.

Leading to them saying they have no choice but to terminate all employees of SAA and sell off its assets to pay its debt.

NEW SUCCESSFUL AIRLINE

But it seems government and the unions have reached an agreement for a new airline with a business rescue plan that has not yet been agreed on.

The department of public enterprises said SAA employees will be transitioned and new leadership and equity partners will be sought.

Government said this new airline is set to compete in a world post-COVID-19.

https://ewn.co.za/2020/05/02/hamba-kahle-totsiens-to-saa-as-govt-promises-new-national-airline/amp

Another coronavirus victim. So sad, it is a fantastic airline and world-class.

Many more to follow. Virgin Australia is next.

And my state is busy using ibom air to deceive the gullible masses.

Flybe (UK)
Trans States Airlines (USA)
Compass Airlines (USA)
Virgin Australia

LOL,so this airline was closed down because of the pandemic ? . Is not because of white criminals & their ANc proxies like the president?. How does one declare a company insolvent when he has not produced its financials. This is treason .

Lionessza6:
LOL,so this airline was closed down because of the pandemic ? . Is not because of white criminals & their ANc proxies like the president?. How does one declare a company insolvent when he has not produced its financials. This is treason .

The article clearly states it was put under administration last year. But the plan then was to turn it around. Covid didn't give it a fighting chance.

You intentionally excluded the likes of Dudu Miyeni and the Gupta Mumbai route saga to your white criminals conspiracy theory.

TMKsouth:


The article clearly states it was put under administration last year. But the plan then was to turn it around. Covid didn't give it a fighting chance.

You intentionally excluded the likes of Duduzane Miyeni and the Gupta Mumbai route saga to your white criminals conspiracy theory.

How does one put a company under administration without providing the financials first ?. Oh please,this had absolutely nothing to do with covid,the airline was collapsed on purpose way before today.

I'm for facts not propaganda; why is she taken to court for being a " delinquent " director instead of the criminal activities that your media houses claim she was part of ? . Surely corruption should be the biggest issue here not some petty disagreements. Conspiracy theory my arse, those evergreen contracts,the pilot packages ,80% of business to bidvest, who do you think benefited from these ?. Coleman Andrews who left the airline wounded was from India ?

Lionessza6:


How does one put a company under administration without providing the financials first ?. Oh please,this had absolutely nothing to do with covid,the airline was collapsed on purpose way before today.

It was given 5.5 billion rands late last year.

TMKsouth:


It was given 5.5 billion rands late last year.

Ofcourse,that's telling as well. On what basis was that money given to the airline? That is was insolvent & needed to be bailed out?. Ok,then why not 1st show us how it was ran? Why refuse to show the owners the paperwork before selling the company ?. . How can we be sure that the company was truly dysfunctional if the government refuses to make available the proof? . That is why i said this is treason!. Day light theft & when the time comes,people must pay.

Lionessza6:


Ofcourse,that's telling as well. On what basis was that money given to the airline? That is was insolvent & needed to be bailed out?. Ok,then why not 1st show us how it was ran? Why refuse to show the owners the paperwork before selling the company ?. . How can we be sure that the company was truly dysfunctional if the government refuses to make available the proof? . That is why i said this is treason!. Day light theft & when the time comes,people must pay.

You mean these same financials that were sent to members of parliament?
.

TMKsouth:


You mean these same financials that were sent to members of parliament?
.

LMFAO, nice try. The financials of the last two years & the BRP report were never handed over to parliament & neither were they given to SCOPA. My YouTube is acting up, but I will be fetching you videos from parliament not articles from stratcom.

I wonder what the new airline will be called.

covid 19 wreckage

WannaHowzit:
I wonder what the new airline will be called.

corona air

ubcandid:
And my state is busy using ibom air to deceive the gullible masses.

Ibom air is alive and functioning ! I have used them twice and ithey offered good services so I don't get where your lies are coming from.

Kalapizim:
Ibom air is alive and functioning ! I have used them twice and ithey offered good services so I don't get where your lies are coming from.

I need to be permitted to call you a fool.
If you read that news and cant come to terms with my statement, and still couldn't put your senses in place by asking me to elucidate, THEN GET LOST, FOOL!

Faithful007:
corona air

Lol . God forbid.

ubcandid:

I need to be permitted to call you a fool.
If you read that news and cant come to terms with my statement, and still couldn't put your senses in place by asking me to elucidate, THEN GET LOST, FOOL!

Provide evidence to your claim of Ibom air been used to decive masses as you claimed !

lair !

Kalapizim:
Provide evidence to your claim of Ibom air been used to decive masses as you claimed !

lair !

what can you know that you want to know when you're among the gullible?

ubcandid:

what can you know that you want to know when you're among the gullible?

I can't be gullible to what I saw and flew with my own sef

Provide evidence to your claim is all I am asking !

PROVIDE EVIDENCE TO YOUR CALM OF IBOM AIR BEEN USED TO DECIVE THE MASSES !

2nd biggest airline in africa is broke? i laugh in afrikaans