South African Airways on the Brink of Collapse

South African Airways has had funding cut off by the government to the airline. Administrators at the airline are now liquidating assets such as aircraft and landing slots. The airline is also discussing how to go about laying off the airline’s 4700 staff.

According to One Mile at a Time, “In many ways the current situation at South African Airways was inevitable. The airline has been losing money since 2011, and the government has provided just enough funding to keep the airline operating, but not enough funding or direction for anything to materially change. Obviously the COVID-19 pandemic has exacerbated the problems at the airline. South African Airways had an inefficient fleet, route network, and workforce.”

Another one bites the dust :(

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There’s already a topic for this that was created a couple of days ago.

Continue here please: South African Bad times - #22 by Ishrion

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Maybe just add this as a comment to that thread @Guxk

How many years have they been on the brink of collapse…But the cat might just have used up it’s ninth life.
Let’s see what the future holds for Air India, and Alitalia, some or the other cockroaches of the industry.

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Alitalia is quite a dream for other companies in bad posture. I have no idea how they are still flying…