SAA 'is on verge of bankruptcy'

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Viewing 8 posts - 76 through 83 (of 83 total)

  • capetonianm
    Participant

    It will probably result in more incompetent, thieving, and corrupt ‘management’, duplication, and wastage.

    1 user thanked author for this post.

    openfly
    Participant

    ….on the other hand, if SAA is split into three separate entities, each could be more saleable. Maybe Comair could buy, and rationalise, the domestic or regional sections to its own advantage. This conjures up the picture of all the corrupt government ministers, their extended families, relatives and friends having to PAY, to fly in business class…or, perish the thought, economy!!


    LuganoPirate
    Participant

    [quote quote=919591]So the latest way to sort out SAA is to split the airline into three units – International, domestic and regional – each with their own management structures.

    I kind of get how that could improve accountability but would it not also increase overheads and become even more overstaffed than it already is?[/quote]

    Yes it would! 😉

    1 user thanked author for this post.

    openfly
    Participant

    After a case brought by Comair against SAA in 2010 for restricting their trading, Comair have, at last, won their case. SAA have to pay Comair compensation of R25,000,000. The court are allowing SAA to spread the payment over 10 years!! Obviously the judge might be offered unlimited complementary premium seats on SAA for him, his family and friends for his input in the trial!! As SAA are totally bust the payments will have to come, in realty, from the public purse.
    Well done Comair for fighting their corner…and winning, against all odds.


    SimonS1
    Participant

    Interesting humour item in the Cape Town paper this morning. The SA Government owns three airlines – SAA, SA Express and Mango.

    This is a very inefficient model so find the best way to tackle it….split the biggest one of the three into three of its own.

    Excellent.


    capetonianm
    Participant

    The troubles faced by SAA etc pale into insignificance compared to Eskom.


    AMcWhirter
    Participant

    “SAA pilot resigns over fake licence” “He had flown with SAA for nore than 20 years.”

    https://www.bbc.co.uk/news/world-africa-47420515


    capetonianm
    Participant

    Whilst the above should never have happened, and is indicative of the way the airline is run under the new regime, the fact that he was operating with a CPL rather than a current ATPL is not the drama it might seem.

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