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Thursday, August 11, 2022

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Tag: Airlines

How much Mango owes to whom

Excluding taxes and salaries, an astonishing 52% is owed to SOEs and organs of state. The business rescue plan for Mango Airlines accepted by 84% of creditors on Thursday makes for fascinating...

Provisional Liquidators calling for an expression of interest in SA Express airlines

A challenging chapter is unfolding in South Africa’s aviation industry as the Joint Provisional Liquidators of SA Express Airways will issue an ‘Expression of Interest’ notice to test the markets appetite...

SAA to be placed under ‘urgent’ business rescue’

In a leaked report seen by Eyewitness News, Ramaphosa addresses ministers and deputy ministers to change Cabinet’s approach in addressing the dire situation the national airline finds itself in. President Cyril Ramaphosa has...

SAA to be split into three – CEO

SAA CEO Vuyani Jarana said the firm will be split into domestic, regional and international business units, each with their own management. South Africa’s struggling state-owned airline (SAA) is to break into...

SAA employees are stealing equipment worth millions

Chairperson of public accounts (Scopa), Themba Godi, has stated that SAA Technical seems to be under siege from its employees, who are flouting policies due to a security breach in the...

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The energy morass

CBN Editor Robin Hayes asks if foreign funded vested interests are at play. IT beggars belief that we have endured loadshedding for more than 14...

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