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Work to save SAA has only begun, says public enterprises dept

Work to save SAA has only begun, says public enterprises dept
The department welcomed the announcement by SAA business rescue practitioners that the airline is no longer under business rescue.
Picture: South African Airways
2 hours ago
JOHANNESBURG - The public enterprises department has said the work to Save South African Airways (SAA) has only just begun.
The department welcomed the announcement by SAA business rescue practitioners that the airline is no longer under business rescue.
The national carrier was placed in business rescue back in December 2019 in a bid to save the bankrupt national carrier from total collapse.
The COVID-19 pandemic added to its financial woes, forcing it to ground all its aircraft, while its subsidiaries, including Mango Airlines, faced uncertainty. ....

South Africa , South African , Richard Mantu , Veronica Mokhoali , Save South African Airways , Mango Airlines , African Airways , South African Airways , Saa Business Rescue , ரிச்சர்ட் மண்டு , மாங்கனி விமான நிறுவனங்கள் ,

SAA business rescue process comes to an end

SAA business rescue process comes to an end
Updated
Nokukhanya N Mntambo
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Business rescue practioners at South African Airways (SAA) have filed a notice of substantial implementation, signalling their exit from the airline.
https://twitter.com/KenyanNomad/status/1283072383667101696/photo/1
SAA was placed under business rescue in December 2019 to allow for restructuring and in a bit to make the national carrier financially viable.

Various unions, including the South African Transport and Allied Workers Union (Satawu), wanted business rescuers Les Matuson and Siviwe Dongwana out much sooner after they expressed concerns that the job hadn t been done.

The BRPs are handing over to the SAA Interim Board a solvent business, said the department s spokesperson Richard Mantu. ....

South Africa , South African , Richard Mantu , Les Matuson , Siviwe Dongwana , Department Of Public Enterprises , Workers Union Satawu , South African Transport , Allied Workers Union , Public Enterprises , ரிச்சர்ட் மண்டு , லேஸ் மதுசொன் , துறை ஆஃப் பொது நிறுவனங்கள் , கூட்டணி தொழிலாளர்கள் தொழிற்சங்கம் , பொது நிறுவனங்கள் ,

Mango takes to the skies again after chaotic cancellation of flights

Mango takes to the skies again after chaotic cancellation of flights
By Itumeleng Mafisa
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Johannesburg - SAA-linked low-cost airline, Mango, was expected to resume flights on Thursday following a chaotic cancellation of flights on Wednesday.
Media reports suggest that customers were left stranded in several airports following the cancellation of flights due to a disagreement between the Airports Company of SA (Acsa) and the struggling airline.
The carrier was barred from taking off or landing at any of Acsa strip, which includes the main hubs in Joburg and Cape Town.
Passengers were encouraged to claim refunds or book again. ....

Cape Town , Western Cape , South Africa , Richard Mantu , Zazi Nsibanyoni Mugambi , Department Of Public Enterprises , Airports Company , Sa Cabin Crew Association Sacca , National Union Of Metal , Benediction Zubane , Crew Association , National Union , Public Enterprises , கேப் நகரம் , மேற்கு கேப் , ரிச்சர்ட் மண்டு , துறை ஆஃப் பொது நிறுவனங்கள் , விமான நிலையங்கள் நிறுவனம் , ச கேபின் குழுவினர் சங்கம் சக்க , குழுவினர் சங்கம் , தேசிய தொழிற்சங்கம் , பொது நிறுவனங்கள் ,

Mango faces grounding in May | George Herald

Mango faces grounding in May | George Herald
georgeherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from georgeherald.com Daily Mail and Mail on Sunday newspapers.

South Africa , South African , Richard Mantu , Kirby Gordon , Department Of Public Enterprises , African Airways , International Air Transport Association , Benediction Zubane , South African Airways , Public Enterprises , ரிச்சர்ட் மண்டு , கர்பீ கோர்டந் , துறை ஆஃப் பொது நிறுவனங்கள் , சர்வதேச அேக போக்குவரத்து சங்கம் , பொது நிறுவனங்கள் ,

Mango faces fresh cash crunch

Mango faces fresh cash crunch
By Siphelele Dludla
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THE GOVERNMENT has blamed bureaucracy as a reason behind the delays in securing funding for the troubled state-owned South African Airways (SAA) and its subsidiary, Mango Airlines.
This comes after reports that the low-cost carrier, Mango, will temporarily suspend its operations for about two months from 1 May due to a severe cash crunch at the airline.
Mango has been the saving grace for the cash-strapped SAA group of companies following a protracted business rescue process and the grounding of its aircraft due to the Covid-19 impact.
The Department of Public Enterprises (DPE) on Friday indicated that SAA and Mango’s funding process was now in the hands of lawmakers in Parliament. ....

South Africa , South African , Richard Mantu , William Ndlovu , Mango Airlines , Department Of Public Enterprises , African Airways , South African Airways , Public Enterprises , Special Appropriation Bill , ரிச்சர்ட் மண்டு , மாங்கனி விமான நிறுவனங்கள் , துறை ஆஃப் பொது நிறுவனங்கள் , பொது நிறுவனங்கள் ,