Tag: South African Airlines

Just over a month ago, the administrators at South African Airways (SAA) were told by the government not expect additional funding and to seek financial resources elsewhere. South Africa’s Finance Minister had long advocated cutting the airline off financially, and cited the carrier’s closure as a way to…

South African Airways (SAA) has been in a terrible financial situation for nearly a decade. While South Africa should be a big aviation market, South African Airways has an inefficient route network and there are many reports of corruption and mismanagement. In fact, the airline has gone through five CEO’s in the past 8 years…