SAA, which was placed in a form of bankruptcy protection late last year, is selling the Airbus A340-300s and A340-600s as well as 15 spare engines, the document said.
Beginning of the end. Sad for the people who are going to loose their jobs. More misery for the people proudly brought to you by the anc and it's voters
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SAA flights, salaries at risk if government doesn't pay R2bn bailout soon - union | IOL NewsSAA could have to suspend some flights and delay salary payments if the government can't come up with a plan to provide the R2 billion it promised. Oh yes, they can’t pay the salary? The poor guys! But, why shall the tax-payers jump in AGAIN ? It is a damn never-ending story. Why are employees still with such un unreliable employer ? Go and look for another, secure job ! Everything For Free
Source: IOL - 🏆 46. / 51 Read more »
Liquidation of SAA not 'current scenario', say business rescue practitionersWhile the struggling state-owned airline has not yet received an additional R2bn in funds from Treasury, its business rescue practitioners say liquidation is not yet on the cards. Fin24 Airlines are struggling globally Fin24 South Africa cannot liquidate something that belongs to China. Maybe change the name to Chinese African Airways. Make the planes red with yellow stars. Put a dragon on the wing.
Source: News24 - 🏆 4. / 80 Read more »
SAA warns of flight cancellations and delayed salary payments - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.SAA might be forced to suspend some flights and delay salary payments if government doesn't come up with a plan soon to provide the R2 billion it promised the airline last month. Workers at SAA no longer have that pride of working at this failing national airliner as it was before. Jesus Take note TripAdvisor BBCAfrica news24 CNN SkyNews
Source: SABC News Online - 🏆 32. / 51 Read more »
DA wants SAA Business Rescue Practitioner to give update on bailouts - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.%DA MP Alf Les has called for SAA Business Rescue Practitioner Les Matuson to appear before Parliament to update it about the future bailouts required for the cash-strapped entity.% This country it's bizarre
Source: SABC News Online - 🏆 32. / 51 Read more »
SAA flights, salaries at risk if government doesn't pay R2bn bailout soon - union | IOL NewsSAA could have to suspend some flights and delay salary payments if the government can't come up with a plan to provide the R2 billion it promised. Oh yes, they can’t pay the salary? The poor guys! But, why shall the tax-payers jump in AGAIN ? It is a damn never-ending story. Why are employees still with such un unreliable employer ? Go and look for another, secure job ! Everything For Free
Source: IOL - 🏆 46. / 51 Read more »
SAA warns of flight cancellations and delayed salary payments - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.SAA might be forced to suspend some flights and delay salary payments if government doesn't come up with a plan soon to provide the R2 billion it promised the airline last month. Workers at SAA no longer have that pride of working at this failing national airliner as it was before. Jesus Take note TripAdvisor BBCAfrica news24 CNN SkyNews
Source: SABC News Online - 🏆 32. / 51 Read more »