SAA in Business rescue

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Jfairwell
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Re: SAA in Business rescue

Unread post by Jfairwell » Sat Feb 20, 2021 11:51 am

So does the most recent SAA embarrassment means that SAAPA has the BRPs/SAA by the short and curlies for purposes of training captains signing pilots out to the flight line given that all the training captains are currently locked out?

Who is SAA’s director of flight operations who technically should have been aware of their non-compliance?

@Guy, it will be very interesting if you can ask some pointed questions on the validity of SAA’s AOC, the accountable officer, director flight operations and the RPA (who are those postholders?).
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Re: SAA in Business rescue

Unread post by Burner » Sat Feb 20, 2021 1:02 pm

I'm confused... if the exception was eventually issued, but just too late for the first flight... why has TUI continued doing all the subsequent vaccine flights? 2 of their aircraft departed last night, after one arrived from Stuttgart and turned around and flew back. Another is already on its way back as we speak presumably with another batch.

Is it not the case perhaps that given the urgency and frequency required to transport the vaccines, SAA hasn't got enough crew that are either current or not locked out?

[https://www.aviation24.be/airlines/sout ... th-africa/]
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Re: SAA in Business rescue

Unread post by cage » Sat Feb 20, 2021 2:07 pm

I would like to think it's because they are probably a fraction of the cost, but we all know that has never been a consideration before.
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Re: SAA in Business rescue

Unread post by GL » Sat Feb 20, 2021 2:12 pm

Burner wrote:
Sat Feb 20, 2021 1:02 pm
Is it not the case perhaps that given the urgency and frequency required to transport the vaccines, SAA hasn't got enough crew that are either current or not locked out?

[https://www.aviation24.be/airlines/sout ... th-africa/]
Yes
What if humanity is the disease and Covid-19 the cure?
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Re: SAA in Business rescue

Unread post by HJK 414 » Sat Feb 20, 2021 2:34 pm

cage wrote:
Sat Feb 20, 2021 2:07 pm
I would like to think it's because they are probably a fraction of the cost, but we all know that has never been a consideration before.
Nick,

I would hope that it was the prime consideration - but I am afraid we are looking at the consequences of an Airline being run / governed by people that have not a clue about aviation / Business Rescue practitioners that are being led by a "politically governed" DPE, which in itself is clueless as to the running of an airline.

When you mix Politics with business - there is only one outcome possible

JK
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Re: SAA in Business rescue

Unread post by travelmanafrica » Mon Feb 22, 2021 10:05 am

Bruce Whitfield interviewing Richard Quest more than a year ago ... watch from 5:25 onwards for bit on SAA.

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Re: SAA in Business rescue

Unread post by 117 » Tue Feb 23, 2021 11:05 am

Daily Maverick today, written by the man himself: https://www.dailymaverick.co.za/opinion ... -recovery/

SAA

South African Airways has been in business rescue for just over a year. It is time for the business rescue practitioners to exit. The restructuring, we believe, will result in the emergence of a competitive, viable and sustainable national airline that is agile, techno-savvy and that will not need any further funding from the fiscus.

We are nearing finality with the appointment of a strategic equity partner that will not only fund the new airline but also introduce the technical expertise to ensure a successful SAA.


Why do I get the feeling this equity partner will be some form of well connected consortium funded by the PIC or GEPF
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Re: SAA in Business rescue

Unread post by HJK 414 » Tue Feb 23, 2021 12:44 pm

117 wrote:
Tue Feb 23, 2021 11:05 am
............
We are nearing finality with the appointment of a strategic equity partner that will not only fund the new airline but also introduce the technical expertise to ensure a successful SAA.

Why do I get the feeling this equity partner will be some form of well connected consortium funded by the PIC or GEPF

117.

If the pension funds step in as an equity partner for SAA - the pensions of many hundreds of thousands of South Africans will wither away into the sunset ...... That would be the ultimate drama and an unparalleled scandal for the "new" South Africa

Not only is the economy then destroyed by a few - but the same few will absorb the old age security of the masses for their own pet projects


JK
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Re: SAA in Business rescue

Unread post by Flaps Up1 » Tue Feb 23, 2021 8:51 pm

117 wrote:
Tue Feb 23, 2021 11:05 am
Daily Maverick today, written by the man himself: https://www.dailymaverick.co.za/opinion ... -recovery/

SAA

South African Airways has been in business rescue for just over a year. It is time for the business rescue practitioners to exit. The restructuring, we believe, will result in the emergence of a competitive, viable and sustainable national airline that is agile, techno-savvy and that will not need any further funding from the fiscus.

We are nearing finality with the appointment of a strategic equity partner that will not only fund the new airline but also introduce the technical expertise to ensure a successful SAA.


Why do I get the feeling this equity partner will be some form of well connected consortium funded by the PIC or GEPF
Would you like some wishful thinking with your BS, Pravin?

So tired of hearing the fantasies of the honorable fat tub of lard.
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Re: SAA in Business rescue

Unread post by Captain Gyro » Wed Feb 24, 2021 9:20 am

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Re: SAA in Business rescue

Unread post by Jfairwell » Wed Feb 24, 2021 1:05 pm

When a government turns predator
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Re: SAA in Business rescue

Unread post by GLF4 » Wed Feb 24, 2021 2:24 pm

They could load the vaccine pallet onto ET Cargo which flies to JNB from BRU anyway.

Stupid PR stunt for the powers that be.
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Re: SAA in Business rescue

Unread post by Flaps Up1 » Wed Feb 24, 2021 5:41 pm

GLF4 wrote:
Wed Feb 24, 2021 2:24 pm
They could load the vaccine pallet onto ET Cargo which flies to JNB from BRU anyway.

Stupid PR stunt for the powers that be.
Exactly, this is just propaganda for the masses. ‘Look at us we just as good as the real world cause we managed to fly an old A340 to pick up a pallet of vaccines and save South Africa’ This stunt come straight from Gordhan as he was intimating that SAA should be doing the vaccine deliveries when Emirates brought the Oxford lot in.

I see another 3.5 billion is to go to SAA. This is just getting silly.....
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Re: SAA in Business rescue

Unread post by twr1 » Wed Feb 24, 2021 9:27 pm

I see on FR24 there is a saa 340600 at ort flight showing as JHB to BRU
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Re: SAA in Business rescue

Unread post by Captain Gyro » Wed Feb 24, 2021 9:51 pm

Looks like a return to the parking bay.
0DA6BE74-2E68-473A-85D2-EE11932FDD12.jpeg
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