Over the past few months we've seen airlines around the world ground planes temporarily, and now we're increasingly seeing airlines get rid of planes permanently. It's clear that demand won't fully recover anytime soon, so many airlines are expected…
In mid-April it was announced that South African Airways would begin liquidation proceedings, as the airline started laying off all staff. Well, that didn't last long... It has today been announced that South African Airways will get a 3.8 billion ZAR…
A few days ago we learned that South African Airways is preparing to liquidate, as the government has refused further funding for the airline, and will soon be laying off all staff. The airline has been losing money for many years, though the current…
It would appear that the end is finally here for South African Airways (unless the government backtracks), with discussions taking place for how to lay off all 4,700 staff at the airline. This follows the airline entering business rescue in late 2019.…
At this point it would appear that South African Airways has no path forward except liquidation... unless South Africa's government backtracks (which they usually end up doing). South African Airways has been losing money for years, and like so many…
At this point a bunch of airlines are either greatly scaling back flights or suspending operations altogether. Well, there's something that makes South African Airways' announcement today interesting, given the company's financial state. South African…
South African Airways is currently in "business rescue," meaning that the airline is supposed to restructure due to huge losses that leave the airline on the brink of liquidation. I was skeptical about whether things could actually be different this…
Despite financial woes, South African Airways is in the process of taking delivery of four Airbus A350-900s, which they're leasing for a period of three years. We've known from the beginning that SAA's priority was to use the A350s fro the New York route,…
South African Airways has been losing money for years, and in early December 2019 the company entered "business rescue." With this business rescue process, a specialist practitioner has taken over control of the company, with the goal of maximizing the…
In June 2019 we learned that South African Airways would be leasing some Airbus A350-900s. As we learned soon thereafter, the airline is getting four A350-900s, with the priority being deploying these planes on the New York route. While the first A350…
South African Airways has been losing money for years, though the severity of the situation increased a few weeks ago, when the company entered "business rescue." With this, every aspect of the company is supposed to be evaluated. South African Airways…
South African Airways has been struggling for years (they haven't turned a profit since 2011), and things have only gotten worse in recent weeks, as the airline has been on the brink of liquidation. SAA was going to restructure and lay off about 1,000…
South African Airways employees have been on strike for much of the past week. Management and unions have just reached an agreement, though if you ask me it's not much of an agreement at all... South African Airways has been in a terrible financial situation…
If you're scheduled to fly South African Airways on Friday or Saturday, well, you're probably not anymore. South African Airways has canceled a vast majority of their domestic and international scheduled flights this Friday and Saturday, November 15-16,…
In late June I wrote about an exciting update for struggling South African Airways -- the airline would be leasing some Airbus A350s. SAA has been on the brink of liquidation for years, with an inefficient fleet, inefficient route network, and debt that…
South African Airways will be mixing up their US route network soon, as they cut flights to Dakar and increase flights to Accra. South African Airways has two destinations in the US -- New York JFK and Washington Dulles. They take different approaches…
South African Airways has major issues. The airline continues to lose massive amounts of money, they have an inefficient fleet and route network, their CEO recently resigned, and the government can't seem to decide just how involved they want to be in…
Unfortunately this doesn't come as much of a surprise, but South African Airways' CEO, Vuyani Jarana, has just announced that he's resigning as of August 31, 2019. The current CEO has been at the airline since November 2017. Prior to that SAA had seven…
Yesterday was Presidential Inauguration Day in South Africa, which was the biggest event of its kind in the country in the past two plus decades. Of course that isn't the focus of this post, though -- rather it's to highlight the indescribably mesmerizing…
South African Airways has been losing money for years, and there are no signs of things getting better. The airline has an inefficient fleet, an inefficient route network, and there are also reports of a lot of corruption. The airline has missed several…
South African Airways has been losing money for years, and their losses keep getting bigger. The airline has an inefficient fleet, an inefficient route network, and there are also reports of a lot of corruption. The airline has missed several payments…
Virgin Atlantic's Flying Club program is one that has incredible niche redemptions, even if the miles aren't that valuable for redemptions on Virgin Atlantic due to the high surcharges. Flying Club is transfer partners with Amex Membership Rewards, Chase…
Saint Helena is a remote island in the South Atlantic Ocean, about 1,200 miles off the coast of Africa. The island is a British Overseas Territory, and is known as the place of Napoleon Bonaparte's exile and death. Up until recently it could only be…
South African Airways has been losing money for years, and their losses keep getting bigger. The airline has an inefficient fleet, an inefficient route network, and there are also reports of a lot of corruption. The airline has missed several payments…
