SAA resumes flights

SAA resumes flights

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.

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