All aboard the money flight – SAA executive consultants paid R16 million salaries

Embattled national carrier, South African Airways (SAA), has admitted to paying R16 million in executive consultancy fees. This includes R10 million for three personnel working on a six-month contract. Problems keep boarding SAA on a flight destined for collapse. This Read More …

Costly Head winds pummel the South African Airways

Finance Minister Nhlanhla Nene has demanded an explanation from SAA for its contract with interim chief financial officer Robert Head that will see him pocketing more than R5‑million for six months’ work.

Cash-strapped SAA go on spending spree to address skills shortage

Embattled national carrier, South African Airways (SAA) has dug deep into its purse in a means to address a “severe” skills shortage. As the Mail & Guardian reports, the airline has splurged millions appointing executives and commissioning foreign consulting firm, Read More …

Broke SAA – R35-million are splurged on bodyguards ahead of job cuts

Five top South African Airways “personnel” will be given R10,500-a-day bodyguards as the airline prepares to announce massive job cuts.

A two-year deal with security company Control Risks will cost the airline — which lost R5.6-billion in the 2017 financial year — up to R35-million.

Cabinet expresses confidence in new SAA board

Newly appointed Communications Minister Mmamoloko Kubayi says Cabinet is happy with the appointment of a new board at South African Airways. Yesterday Finance Minister Malusi Gigaba announced the axing of former SAA board chairperson Dudu Myeni, who has now been Read More …

Dudu Myeni finaly fired as SAA chair

Dudu Myeni has been removed from the board of South African Airways in what could be a range of changes made to the leadership of the embattled airline. The Mail & Guardian understands that Myeni will be replaced by businessperson Read More …

SAA cash crunch deepens as suppliers have still not been paid

South African Airways (SAA) appears to have exhausted its available cash reserves following news that suppliers have still not been paid for work done in July. The airline has thirty-day terms with a number of suppliers that provide essential services Read More …

Gigaba lashes out against ‘hysteria’ over SAA bailout

Finance Minister Malusi Gigaba has spoken out against what he termed hysteria that has been created around the options government is considering to recapitalise South African Airways (SAA). He was speaking at a briefing at Treasury following a meeting with Read More …

ALERT: Passengers warned of SAA strike at OR Tambo International

Cape Town – Passengers are being advised to remain in contact with South African Airways, as a strike by its technical crew is set to get underway. Management of OR Tambo International Airport says they are aware of a strike Read More …