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Administrator Siviwe Dongwana told during a creditor meeting that the plan had been approved by 86 percent of voting interests.

South African Airways' creditors approve $596 mn rescue plan

Our Correspondent16 July 2020 12:09 PM GMT

South African Airways (SAA) which last made a profit in 2011, has received approval from creditors for a rescue plan.

The aircraft carried avocados and passion fruit to Frankfurt, whereas, pharmaceuticals and baby milk powder to Johannesburg on return.

SAA utilises A340-600 to carry cargo between Johannesburg and Frankfurt

Our Correspondent7 April 2020 5:53 PM GMT

South African Airways Cargo flew its first cargo charter from Johannesburg to Frankfurt in the belly-hold of its A340-600.

In a statement dated February 26, SAA’s business rescue practitioners (BRPs) Les Matuson and Siviwe Dongwana have sought creditor approval for permission to further extend the publication of the rescue plan from February 28 to March 31, 2020.

Covid-19 extends SAA’s business rescue plan to May 29

Our Correspondent29 March 2020 8:23 AM GMT

In 2020-21 budget, the South African government has allocated a total of $1.06 billion to allow SAA to repay guaranteed debt and interest costs.

South African Airways delays submission of business rescue plan

Our Correspondent3 March 2020 1:59 PM GMT

On January 31, South African president Cyril Ramaphosa has ordered probe from special government investigators for South African Airways (SAA) that he believed to have operated corruptly dating back to at least 2002.

Disasters piling on SAA: Now South Africa’s Airlink to sue for $47 million

Our Correspondent5 Feb 2020 11:51 AM GMT

During the first meeting of creditors on December 20, BRPs’ Leslie Matuson and Siviwe Dongwana said the state-owned carrier stands a

South African Airways business rescue practitioners to present turnaround plan by Feb 2020

Our Correspondent26 Dec 2019 1:28 PM GMT