Mail & Guardian
Mail & Guardian
air chefslatest news & developments

No more bailouts for SAA

After 18 months under administration, the loss-making airline has been cleared for takeoff

Mango suspends new ticket sales ‘just to be safe’

Mango’s spokesperson would not disclose the low-cost airline’s debt — which led to a brief suspension of flights — but described it as ‘huge’

Public Enterprises Minister Pravin Gordhan. (Siphiwe Sibeko/Reuters)

Gordhan steps into SAA crisis, announces a stop to retrenchments

The minister is also expected to announce talks with unions towards a new airline after the shut-down of the cash-strapped national carrier

As SAA subsidiaries declare hardship to staff, business-rescue practitioners urge them to sign agreements to save severance payouts. (John McCann/M&G)

SAA rescuers give affected parties two options: Wind down or liquidate

As SAA subsidiaries declare hardship to staff, business-rescue practitioners urge them to sign agreements to save severance payouts

(Delwyn Verasamy/M&G)

SAA cancels flights, moves ahead with restructuring

The struggling national carrier’s business rescue practitioners say the move to restructure the airline is a bid to return to profitability and to attract equity partners

In July, the treasury committed to find funding for the state airline’s business rescue plan. (Delwyn Verasamy/M&G)

We haven’t decided on number of Air Chefs layoffs yet ― SAA

​Air Chefs, the catering arm of SAA, has launched a consultation process with unions that may lead to job losses

Harith General Partners, one half of the consortium that will take over SAA, has come under scrutiny since the announcement of the national carrier’s new majority shareholder.

Numsa slams SAA-owned Air Chefs for retrenchment notice

Numsa called the action “opportunistic”, as SAA is in the process of implementing its turnaround strategy which affects all companies in the group.