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Comair returns to Lufthansa Technik after aviation watchdog lifts suspension

SAA Technical revenue plunges 83%

MONEYWEB LIVESTREAM Due to SAA business rescue and pandemic toll on operations. 00:01  Not enough aircraft to keep SAA Technical busy. Image: Supplied State-owned aircraft maintenance company SAA Technical (SAAT) has suffered a steep decline in its monthly revenue as the South African Airways (SAA) business rescue combined with the Covid-19 pandemic led to a drastic reduction in passenger numbers. In March 2021, SAAT’s revenue was down 83% to R43 million compared to the same period last year when the company recorded around R246 million in revenue. INSIDERGOLD Subscribe for full access to all our share and unit trust data tools, our award-winning articles, and support quality journalism in the process.

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