Business 13.9.2017 12:15 pm

SAA to set to cut flights by 23% from December

SAA

SAA

SAA has also announced a surprise profit of R19m in July.

South African Airways (SAA) says it plans to slash its flights by 23% from December this year in a bid to return the embattled national carrier to profitability.

On Wednesday morning, during a presentation by SAA executives to parliament’s oversight committee on standing committee on finance, the airline announced domestic routes would be cut by 37%, regional routes by 11% and international routes by 4%.

SAA also announced a surprise profit of R19 million in July when it was budgeted to make a R207-million loss. This after the airline made a loss of R1.4 billion in the first quarter of the current financial year.

ALSO READ:

SAA cash crunch deepens

The Citizen Trail Run 2018

today in print