South african airways news

Here are some recent news updates about South African Airways (SAA):

Latest Developments:

  1. Restructuring and Recapitalization: SAA is undergoing a major restructuring and recapitalization process, which includes a R16.4 billion (approximately $1.1 billion USD) bailout from the South African government. The airline is expected to emerge from business rescue in 2023.
  2. New CEO Appointed: SAA has appointed a new CEO, Thomas Kgokolo, who has extensive experience in the aviation industry. Kgokolo will lead the airline's recovery efforts and implement its new business strategy.
  3. Route Network Expansion: SAA has announced plans to expand its route network, including the introduction of new routes to destinations in Africa, Europe, and Asia. The airline is also increasing frequencies on existing routes.
  4. Fleet Modernization: SAA is modernizing its fleet by introducing new aircraft, including the Airbus A350-900 and the Boeing 737-800. The airline is also retiring older aircraft, such as the Airbus A340-600.
  5. Partnership with Airlink: SAA has partnered with Airlink, a South African regional airline, to increase its capacity and improve its network. The partnership will see Airlink operate flights on behalf of SAA to several destinations in Africa.

Recent News Articles:

  1. "SAA's new CEO outlines plans for airline's recovery" (Business Day, March 2023)
  2. "SAA to introduce new routes and increase frequencies" (Travel News, February 2023)
  3. "SAA's fleet modernization plan takes shape" (Aviation Week, January 2023)
  4. "Airlink and SAA partner to increase capacity" (Airline Industry Review, December 2022)
  5. "SAA's restructuring plan approved by creditors" (Fin24, November 2022)

Upcoming Events:

  1. SAA's Annual General Meeting (AGM): The airline's AGM is scheduled to take place in April 2023, where shareholders will discuss the airline's performance and future plans.
  2. Aviation Industry Conference: SAA will participate in the annual Aviation Industry Conference, which takes place in June 2023. The conference will focus on the latest trends and developments in the aviation industry.

Please note that the information provided is subject to change and may not be up-to-date. For the latest news and updates on South African Airways, I recommend visiting the airline's official website or reputable news sources.