SAA aircraft: The future is uncertain.

New airline based on the old oneIs there still a future for South African Airways?

South African Airways could still have a future - as a smaller airline. A proposal by the special administrators shows the path to the future.

Top-Jobs

Aero-Dienst

Fluggerätmechaniker (w/m/d) als Prüfer / Certifying Staff (m/w/d) EASA Part 66 CAT B1 und/oder B2 für Pilatus

Oberpfaffenhofen
Feste Anstellung
Aircraft Management
Aero-Dienst GmbH
Deutschland
Vollzeit
Top jobs
Aero-Dienst

Fluggerätmechaniker (w/m/d) als Prüfer / Certifying Staff (w/m/d) EASA Part 66 CAT B1 und/oder B2 für Challenger 650

Feste Anstellung
Aircraft Management
Aero-Dienst GmbH
Deutschland
Vollzeit
Top jobs
LBV Logo

Sachbearbeiter:in Luftaufsicht, Erlaubnisse

Flughafen BER
Feste Anstellung
Luftfahrtbehörde
Landesamt für Bauen und Verkehr
Deutschland
Vollzeit
Top jobs
LBV Logo

Sachbearbeiter:in örtliche Luftaufsicht

Landesamt für Bauen und Verkehr
Deutschland
Vollzeit
Top jobs
Feste Anstellung
Luftfahrtbehörde
Flughafen BER

In mid-April, South Africa abandoned its national airline. The government stated it would not help South African Airways with further cash injections or guarantees, Pravin Gordhan, minister of state enterprises then said. At the beginning of May, it was said that a new, smaller national airline would take over from the traditional carrier.

However, the new airline will apparently be built on the base of the current one. For Gordhan rejected a quick liquidation. He demanded that the special administrators of the insolvent South African Airways immediately come up with a plan for the national airline.

New holding company

South African media have received a draft. The plan proposes that SAA will not only receive the 16.4 billion rand (848 million euros) already earmarked to settle its debts, but another 4.6 billion. Of this amount, 600 million rand is earmarked for additional creditors, 2 billion rand for the restart of the airline after the Corona crisis and another 2 billion for the reduction of the airline by about half of the 5000 jobs.

The plan is to create a new holding company to launch a smaller airline. It will also unite the MRO and catering subsidiaries of South African Airways and the low-cost airline subsidiary Mango under its roof. The special administrators confirmed the existence of the plan, but stressed that it was only a draft.

Where will the money come from?

The special administrators explain in the draft that they had two potential investors in mind before the Corona crisis began. There had been talks about a partnership with a third company. However, due to the pandemic, all negotiations are on hold.

Alfred Lees, a member of parliament for South Africa's largest opposition party, the Democratic Alliance, criticizes: «This money has to come from somewhere: probably from the taxpayers again.» He sees little added-value to the plan other than the creation of a new holding company.

There are still many approvals missing

The Ministry of state enterprises stated that the plan would be examined. Besides the government, the unions and creditors still have to agree.

Mehr zum Thema

Jet von Airlink: Künftig Südafrikas Nummer eins?

Airlink wants to become the Swiss International of South Africa

... erinnerte Airline nämlich zu sehr an die Optik des ehemaligen Partners South African Airways.

South African Airways suspends all flights

Airbus A330 von South African Airways: Nach Neustart deutlich kleiner.

New South African Airways to take off in 2021

Flughafen in Jamestown auf St. Helena: Wenn im November die Hauptreisesaison zur Südatlantik-Insel startet, gibt es auch wieder Flüge nach Kapstadt.

Airlink connects St. Helena with Cape Town

Video

KAF308: Die Fokker 70 geht in Rente.
Seit drei Jahrzehnten fliegt die Harambee One den Präsidenten des ostafrikanischen Landes. Doch nach wiederholten Pannen und hohen Wartungskosten schickt Kenia die Fokker 70 der Regierung 2026 in den Ruhestand.
Laura Frommberg
Laura Frommberg
Jetson One im Flug: Inspiriert von Star Wars schwebt das elektrische Flugmotorrad über der Erde.
In den USA wurde das erste fliegende Ein-Personen-Elektrofluggerät an einen Kunden ausgeliefert. Die Jetson One ist eine Art Rennmotorrad, mit dem man durch die Luft sausen kann.
Benjamin Recklies
Benjamin Recklies
frankfurt terminal 3 t3
Im Frühjahr 2026 will Deutschlands größter Airport sein neues Terminal in Betrieb nehmen. Jetzt plant der Flughafen Frankfurt den Probebetrieb des T3 für die Zeit von Januar bis April - und braucht dafür externe Hilfe.
Timo Nowack
Timo Nowack