Articles tagged “south african airways”

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Emirates and Etihad In Deal Talks With South African Airways

Emirates and Etihad In Deal Talks With South African Airways

Felix Njini, Bloomberg

South African Airways desperately needs an equity partner. Of the two UAE airlines, Emirates would appear to have an edge.

2 years ago

The Folly of the State-Owned Airline

The Folly of the State-Owned Airline

Brian Sumers, Skift

The government of South Africa is adamant the country needs a global airline as a matter of national sovereignty. That has been a costly decision. Is it necessary?

2 years ago

Letting Troubled South African Airways Go Bust Isn’t So Simple: Here’s Why

Letting Troubled South African Airways Go Bust Isn’t So Simple: Here’s Why

Brian Sumers, Skift

One expert called South African Airways a "vanity project." That's probably accurate, because the carrier has lost money for six consecutive years. But the airline will survive, because the government wants it to. That's the way it works. No one wants to see a national airline disappear.

2 years ago

South African Airways Tries to Transfer Staff and Cut Low-Performing Routes

South African Airways Tries to Transfer Staff and Cut Low-Performing Routes

Kaye Wiggins, Bloomberg

The downward spiral of restructuring continues for South African Airways, which is still trying to achieve a massive turnaround in just three years, but Emirates and Turkish Airlines are ready to pick up the pieces.

2 years ago

Struggling South African Airways Needs $404 Million to Stay in Business

Struggling South African Airways Needs $404 Million to Stay in Business

Paul Vecchiatto, Bloomberg

The financial woes for South Africa's country carrier continue to grow. And it sounds like a $404 million bailout would only be a temporary fix as the airline grapples with far-reaching problems.

2 years ago

South African Airways Transfers Planes to Its Low-Cost Carrier in Another Restructuring Bid

South African Airways Transfers Planes to Its Low-Cost Carrier in Another Restructuring Bid

Arabile Gumede, Bloomberg

South African Airways seems to be in a perpetual state of restructuring. CEOs have come and gone at an alarming rate as the losses keep accumulating. Setting a break-even goal of three years is incredibly optimistic.

2 years ago

Future of South African Airways In Doubt After Years of Losses

Future of South African Airways In Doubt After Years of Losses

Arabile Gumede, Bloomberg

It's increasingly difficult to see South African Airways coming back from all these years of losses and route-cutting. Maybe there's room for a burgeoning low-cost carrier to jump in and pick up these customers.

2 years ago

South African Airways Attempts Turnaround Under New Management

South African Airways Attempts Turnaround Under New Management

Paul Vecchiatto and Loni Prinsloo, Bloomberg

South Africa seems serious about getting its state-owned carrier back on track. But it remains unclear exactly how the airline's new leadership plans on a return on profitability.

3 years ago

South African Airways Hires a Restructuring Expert in Bid to Save Airline

South African Airways Hires a Restructuring Expert in Bid to Save Airline

Loni Prinsloo and Arabile Gumede, Bloomberg

Some airlines can fail, and it's not a big deal. We have seen that in Europe recently. But South African Airways is the nation's top carrier. It must be saved. Let's hope the new CEO and new restructuring expert know what they're doing.

3 years ago

South African Airways CEO-Elect Has Plan to Stem Years of Losses

South African Airways CEO-Elect Has Plan to Stem Years of Losses

Loni Prinsloo and Arabile Gumede, Bloomberg

Steady and competent leadership is critical to any business' success and we'll be watching to see if Jarana can turn around the national carrier. We still haven't heard the details of his plan.

3 years ago

South African Airways is Latest Airline to Fly a Route Using Biofuels

South African Airways is Latest Airline to Fly a Route Using Biofuels

Tshepiso Mokhema, Bloomberg

Nothing about an airplane is sustainable, so we're all for airlines testing biofuels to become more eco-friendly. But in many cases biofuels aren't any cheaper than gasoline, and especially with South African Airway's current state of affairs we'd be surprised to see it meet its biofuels goal by 2022.

4 years ago

Police Are Getting Involved in the Growing Mess at South Africa Airways

Police Are Getting Involved in the Growing Mess at South Africa Airways

Andre Janse van Vuuren, Bloomberg

Executive incompetence of this level would mean a promotion at an airline like United.

4 years ago