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In a statement issued, the team looking to keep the airline still flying said they would immediately use two billion rand of the facility to keep the airline afloat.

Sale of 9 A340s, spare engines fall under fleet renewal programme not business rescue process: SAA...

Our Correspondent17 Jan 2020 1:45 PM GMT

South African Airways which is edging towards a total collapse has put on sale five A340-300s and four A340-600s aircraft.

In November 2019, Kenya’s National Treasury has planned to close the buyout of the carrier by the end of 2020.

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After SAA, Kenya Airways seeks more funds for revival

Our Correspondent10 Jan 2020 2:12 PM GMT

After Kenya Airways (KQ) shares started to tumble at the Nairobi Securities Exchange (NSE), the loss making national carrier is seeking for more funds...

In November, concerns were raised at Comair

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Comair’s non-executive director Rodney Sacks resigns

Our Correspondent3 Jan 2020 5:40 PM GMT

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

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

Our Correspondent26 Dec 2019 1:28 PM GMT

Earlier the travel time from the United States to Cape Town was 19 hours each way, ever since the last non-stop route from Miami on South African Airways ended in 1999.

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United Airlines flies maiden non-stop flight from US to Cape Town

Our Correspondent26 Dec 2019 11:42 AM GMT

South Africa’s wildlife is one of the most treasured natural assets and is a drawcard for tourism to South Africa and as the national carrier.

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South African Airways joins IATA’s IEnvA programme to protect wildlife

Our Correspondent23 Dec 2019 2:05 PM GMT