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South Africa Airways requires $540m to fund operations

South African Airways boss plans huge workforce cuts

Six months into the job of running loss-making South African Airways, Chief Executive Officer, Vuyani Jarana, is mapping out a punishing austerity plan. Jarana, who...

Fire engulfs South African Airways office at Lagos airport

South African Airways to get $400 million capital injection

  The Chief Executive Officer (CEO) of South African Airways (SAA), Vuyani Jarana, said on Thursday that the airline would get $400 million capital injection from...

Fire engulfs South African Airways office at Lagos airport

South African Airways needs immediate capital injection- CEO

South African Airways (SAA) Chief Executive Officer, Vuyani Jarana, on Tuesday told parliament it needed immediate capital injection to stay afloat and is in discussions...

Fire engulfs South African Airways office at Lagos airport

South African Airways net loss hits $475m

South African Airways (SAA) suffered a net loss of R5.6 billion ($475 million) in the 2016/17 financial year, compared to a loss of R1.5 billion a year earlier, Chief...

Fire engulfs South African Airways office at Lagos airport

South African Airways losses set to widen, CFO says

Losses at South African Airways (SAA) are set to widen to 4 billion rand ($292.86 million) in 2017/18 from a previous estimate of 2.8 billion, the state airline’s...