SAA is not just an airline

It makes it possible for people and business to connect across continents and cultures.

Most importantly, government’s approach to finding a lasting solution for SAA must be informed by evidence.The effort, therefore, to rescue SAA, which is currently under way, requires a clearer policy on the role of the airline in the South African, if not African, aviation industry.Indeed, the entire African continent’s aviation sector has so much untapped potential.

The key question government should answer, rather urgently given the circumstances, is why it should rescue SAA. In a fiscal environment in which resources are as tight as Finance Minister Tito Mboweni has constantly warned us, it will be a waste of very scarce public resources for government to continually pump money into propping up SAA when what the airline does can easily be done by another airline, or airlines.

More so if the role that airline company is expected to play can be taken by companies other than those owned by government.

Source: News Formal (newsformal.com)

SAA is also draining the fiscus

FACT, Poor blacks are not using the SAA services REALITY, South Africa is so divided socially by class and race

How? We have had such a drop in tourist visits to SA how is SAA helping?

I guess other airlines are doing that.

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SAA gets emergency funding from development bankCash-strapped state carrier South African Airways (SAA) will receive R3.5bn of emergency funding from the Development Bank of Southern Africa, the airline's business rescue practitioners said on Tuesday. They should just buy SAA. We thank the Lord If all we can get funders easily as SAA🤔
Source: SowetanLIVE - 🏆 13. / 63 Read more »

DBSA comes to the rescue of SAAThe cash-strapped airline was placed into voluntary business rescue late last year. Who authorized that?...Tito or cyril? So the DBSA not investing in development Sell it, privatise it, you will save more jobs! Where are the funds coming from?
Source: eNCA - 🏆 49. / 51 Read more »

SAA gets R3.5bn lifeline from Development BankEmbattled national carrier SA Airways (SAA) has secured R3.5bn in funding from the Development Bank of Southern Africa. Er...but DBSA is owned by the SA guavament, ie the SA taxpayer. So Joe Taxpayer is getting screwed anyway. Now MPs, past and present, can continue with thr free rides at tax payers expense 🙄🙄 GovernmentZA ParliamentofRSA tito_mboweni CyrilRamaphosa SamuelLJackson MYANC SACP1921 _cosatu OUTASA Development bank was created to fund roads, dams, bridges, and other development infrastructure that falls under the category of 'public goods.' Loss of fucus, causes loss of funds. Moody's, please downgrade he them today
Source: TimesLIVE - 🏆 28. / 59 Read more »

SAA gets R3.5bn emergency funding from state-owned bank | IOL Business ReportCash-strapped SAA will receive R3.5 bn of emergency funding from the Development Bank of Southern Africa, the airline's business rescue practitioners said. ? HOW DO YOU PAY IT BACK Rescue...... We as South Africans will need to be rescued after this.... Worse decision ever made... What could that money have saved at Eskom?
Source: IOL - 🏆 46. / 51 Read more »

Business Maverick: Development Bank gives SAA wingsSAA has burnt through R2bn of funding in less than 60 days. Instead of the agreed-upon R2bn, R3.5bn has been secured to keep SAA in the air. One wonders how much more will have to be coughed up before the airline becomes sustainable?
Source: dailymaverick - 🏆 3. / 84 Read more »

SAA pilots have no confidence in managementAssociation calls for skills audit of all managers and heads of department
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