William Saunderson-Meyer
3 minute read
19 Jun 2021
9:20 am

The new SAA might have some trouble flying

William Saunderson-Meyer

Airlines burn money and when the fleet that you are inheriting is old and stale, even more so. This is bad news for SAA's new operators.

Picture: Thulani Mbele

It’s extremely rare for governments to make major announcements late on a Friday, just as everyone is settling  into a weekend stupor. Either war has broken out or, more likely, it’s some devious politician trying to slide something past our TGIF- addled brains. So Public Enterprises Minister Pravin Gordhan’s Happy Hour news on Friday regarding the fate of SA Airways  (SAA) deserves the scepticism that is slowly overtaking the relief with which it was met. At first sight, what not to be happy about? Not only had Gordhan found a consortium to untangle the albatross of SAA from the taxpayer’s...