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SAA replacement airline a ‘flight of fancy’

Business News 6 months ago

Analysts agree government’s proposal to launch a new airline from the carcass that is SAA is impractical considering the airline has cost Treasury more than R20 billion in bailouts in the past three years.


05 May 2020
PREMIUM!
SAA replacement airline a ‘flight of fancy’

SAA planes at OR Tambo International Airport, 14 November 2019. Picture: Neil McCartney

Have plans of a new airline to replace the bankrupt South African Airways (SAA) crashed before takeoff? Some experts believe so, summing up the idea as a “pipe dream” to appease unions and kick the can down the road on the debacle. Recent reports say government is mulling over the idea of starting a new airline to replace the national carrier, which is broke and has relied on state bailouts for years. But Guy Leitch, editor of SA Flyer Magazine, said the lack of detailed plans made it impossible to assess its feasibility, but a new airline out of the...

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