SAA business rescuers: No green light for SAA flight resumption
The South African Airways (SAA) business rescue practitioners has hit out at the airline’s announcement that domestic flights will resume in June.
SAA said on Monday that t is retaining its current domestic schedule between Johannesburg and Cape Town from mid-June under level 3 of the lockdown.
But on Wednesday, the airline’s business rescuers Les Matuson and Siviwe Dongwana said the statement was released in violation without proper vetting.
"The position around the cessation of flights remains as is until SAA has a better sense of what the level 3 lockdown means in terms of domestic air travel.
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"The airline also needs to consider what the opening of the skies will mean from a commercial and load factor perspective. SAA’s future funding also remains a key variable in all of the above considerations," the statement continued.
SAA was placed under business rescue in December 2019.
The state-owned airline hasn't made a profit in about eight years and has cost the government almost R30 billion in bailouts over the past decade.