SAA resumes flights
RU EN

SAA resumes flights

News  
10-04-2021
 
Source: Pixabay

The troubled South African Airways (SAA) has resumed flights after about 18 months of grounding, which saw the government selling a 51% stake to a group of investors called the Takatso Consortium.

It started with domestic routes last Thursday and it also flew to Harare on Sunday.

Regional flights to Accra, Kinshasa, Lusaka and Maputo had been scheduled to resume this week.

The selling of the 51% stake will see a potential injection of $200 million.

SAA arose from bankruptcy after reducing its workers as a state bailout of more than $500 million and a restructuring of its debt failed to rescue the airline.

Chief Finance Officer Fikile Mhlontlo was quoted by Aljazeera that SAA’s is left with only six planes from the previous 46.

SAA low-cost subsidiary Mango however remains grounded and in bankruptcy proceedings.


More
04-16-2024
Romania: IKEA cut down forests for furniture
An environmental scandal is breaking out in Romania
04-15-2024
The Festival of National Theaters to be held in Kalmykia
The Festival of National Theaters of Russia will be held from April 15 to 20 in Elista, the organizers of the event announced
04-15-2024
A public photo bank with the sights of Russia has started working on the portal Russia.travel
The press service of the Ministry of Economic Development announced the launch of a public photo bank, which was created at the request of representatives of the tourism business
04-15-2024
The ornitharium in the capital's Sokolniki Park will become larger after the park is updated
Moscow Mayor Sergei Sobyanin said in his blog that the comprehensive landscaping of Sokolniki Park will begin this year
04-15-2024
A museum with an observation tower will be built in the mountains of Ingushetia
The head of Ingushetia, Mahmud-Ali Kalimatov, announced in his telegram channel that a new museum ethnographic complex will be created on the territory of the all-season resort "Armkhi"
04-15-2024
Quotas for sightseeing buses to Abkhazia will be introduced in Sochi
The necessary measure is connected with the growth of the tourist flow to the republic, its increase is predicted in the upcoming summer season