SAA in Business rescue

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alpha-mike-tango
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Re: SAA in Business rescue

Unread post by alpha-mike-tango » Mon Oct 12, 2020 8:08 pm

trees wrote:
Mon Oct 12, 2020 7:29 pm
African Flyer wrote:
Mon Oct 12, 2020 6:03 pm
Snitch wrote:
Mon Oct 12, 2020 12:11 pm
So they are down to these final aircraft

A340-300
ZS-SXE (Has not flown since March 2020)
ZS-SXF (Has not flown since June 2020)

A340-600
ZS-SNC
ZS-SND
ZS-SNF
ZS-SNG

A330-300
ZS-SXM
So basically Mango does Domestic and the Airbuses do international. How much is the monthly lease on that A330?
More like Mango does domestic and that’s it. SAA has stopped operating as of October. The A330 still needs to be returned as well as 3 A319’s leased from Castlelake.
:smt087 - I had no idea it was that bad .......

I was going through a box of SAA-related toys etc I have in my collection and came across these from some years ago
20201010_164308-1.jpg
20201010_164221-1.jpg
20201010_164135-1.jpg
. How times have changed .....
even actually wondering if SAA actually expressed interest in ordering the A380.
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Re: SAA in Business rescue

Unread post by Flaps Up1 » Mon Oct 12, 2020 9:57 pm

Gentleman what was once the slow lingering death of SAA over the years with the hope that it would turn around has changed dramatically. We are now witnessing the complete and utter destruction of one of the few remaining legacy carriers. All those with institutional knowledge and know how are gone or soon to be gone.

The DG of the DPE made it clear in the newspaper on the weekend that the color of the pilots is their overriding agenda, to them all else is secondary but a nice to have. Whether this SAA 2 starts or not I don’t know, but I don’t see it lasting very long before another bailout is needed. I hope they use another callsign, the Springbok shouldn’t be associated with the new disaster.
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Re: SAA in Business rescue

Unread post by Volo » Wed Oct 14, 2020 7:06 am

I am guessing there may be a covert plan by government to let SAA die completely with with no design for a new enterprise . Their delaying tactics seem to suggest this and it may be the easiest way politically for them to put and end to the saga .
And in any event how do they think they could possibly win back market share in this depressed market. Who would trust them to deliver.?
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Re: SAA in Business rescue

Unread post by Mouser » Wed Oct 14, 2020 7:08 am

Volo wrote:
Wed Oct 14, 2020 7:06 am
I am guessing there may be a covert plan by government to let SAA die completely with with no design for a new enterprise . Their delaying tactics seem to suggest this and it may be the easiest way politically for them to put and end to the saga .
And in any event how do they think they could possibly win back market share in this depressed market. Who would trust them to deliver.?
Pravin is still adamant it seems - he wants to fly and everyone must pay.
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Re: SAA in Business rescue

Unread post by Only » Wed Oct 14, 2020 8:40 am

Mouser wrote:
Wed Oct 14, 2020 7:08 am
Volo wrote:
Wed Oct 14, 2020 7:06 am
I am guessing there may be a covert plan by government to let SAA die completely with with no design for a new enterprise . Their delaying tactics seem to suggest this and it may be the easiest way politically for them to put and end to the saga .
And in any event how do they think they could possibly win back market share in this depressed market. Who would trust them to deliver.?
Pravin is still adamant it seems - he wants to fly and everyone must pay.
True that #-o #-o
It is expected to be announced in Mboweni's medium-term budget policy statement, which is usually delivered in the third week of October.

It is reliably understood the funding for SAA would not be flagged as a bailout in budgetary terms but rather as an investment in aviation.
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Re: SAA in Business rescue

Unread post by Ned Yakman » Wed Oct 14, 2020 4:31 pm

Only wrote:
Wed Oct 14, 2020 8:40 am
Mouser wrote:
Wed Oct 14, 2020 7:08 am
Volo wrote:
Wed Oct 14, 2020 7:06 am
I am guessing there may be a covert plan by government to let SAA die completely with with no design for a new enterprise . Their delaying tactics seem to suggest this and it may be the easiest way politically for them to put and end to the saga .
And in any event how do they think they could possibly win back market share in this depressed market. Who would trust them to deliver.?
Pravin is still adamant it seems - he wants to fly and everyone must pay.
True that #-o #-o
It is expected to be announced in Mboweni's medium-term budget policy statement, which is usually delivered in the third week of October.

It is reliably understood the funding for SAA would not be flagged as a bailout in budgetary terms but rather as an investment in aviation.
Speaker of Parliament has approved Mboweni's request to delay the MTBPS presentation until the end of the month. Fascinating as it comes a day after Pravin Gordhan asked SCOPA for a week's deferral in addressing it on SAA. He was meant to appear before the committee earlier this week, but then sent an excuse note instead (much to the DA's annoyance and protestations). Clearly still some arm-wrestling going on in Cabinet.
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Re: SAA in Business rescue

Unread post by Areaman » Wed Oct 14, 2020 9:16 pm

Flaps Up1 wrote:
Mon Oct 12, 2020 9:57 pm
Gentleman what was once the slow lingering death of SAA over the years with the hope that it would turn around has changed dramatically. We are now witnessing the complete and utter destruction of one of the few remaining legacy carriers. All those with institutional knowledge and know how are gone or soon to be gone.

The DG of the DPE made it clear in the newspaper on the weekend that the color of the pilots is their overriding agenda, to them all else is secondary but a nice to have. Whether this SAA 2 starts or not I don’t know, but I don’t see it lasting very long before another bailout is needed. I hope they use another callsign, the Springbok shouldn’t be associated with the new disaster.
Stop waisting money and time on this, sell it if
It worth anything, pay what you can to the pilots
And move on, sad but that is the reality!
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Re: SAA in Business rescue

Unread post by ACE MAN » Thu Oct 15, 2020 6:14 am

Snitch wrote:
Mon Oct 12, 2020 12:11 pm
So they are down to these final aircraft

A340-300
ZS-SXE (Has not flown since March 2020)
ZS-SXF (Has not flown since June 2020)

A340-600
ZS-SNC
ZS-SND
ZS-SNF
ZS-SNG

A330-300
ZS-SXM
And there I was under the impression SAA V2 would kick off with only 5 A320's :?
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Re: SAA in Business rescue

Unread post by Bearcat » Thu Oct 15, 2020 10:50 am

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Re: SAA in Business rescue

Unread post by Darren » Thu Oct 15, 2020 11:03 am

Snitch wrote:
Mon Oct 12, 2020 12:11 pm
So they are down to these final aircraft

A340-300
ZS-SXE (Has not flown since March 2020)
ZS-SXF (Has not flown since June 2020)

A340-600
ZS-SNC
ZS-SND
ZS-SNF
ZS-SNG

A330-300
ZS-SXM
Are we certain they have only two A340-300s left?
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Re: SAA in Business rescue

Unread post by Snitch » Thu Oct 15, 2020 11:30 am

Darren wrote:
Thu Oct 15, 2020 11:03 am
Are we certain they have only two A340-300s left?
SXA,SXB, SXC are in Tarbes France (Listed as Returned to lessor)

SXD,SXE,SXF are in JHB
SXD has been stored since 15 November 2019, so I assume its been withdrawn from use as its before COVID hit
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Re: SAA in Business rescue

Unread post by Snitch » Thu Oct 15, 2020 11:33 am

ACE MAN wrote:
Thu Oct 15, 2020 6:14 am
Snitch wrote:
Mon Oct 12, 2020 12:11 pm
So they are down to these final aircraft

A340-300
ZS-SXE (Has not flown since March 2020)
ZS-SXF (Has not flown since June 2020)

A340-600
ZS-SNC
ZS-SND
ZS-SNF
ZS-SNG

A330-300
ZS-SXM
And there I was under the impression SAA V2 would kick off with only 5 A320's :?
They are far from kicking off and I believe every aircraft still owned is for sale. Though with little market
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Re: SAA in Business rescue

Unread post by Darren » Thu Oct 15, 2020 12:00 pm

Thanks Snitch. So SXD, SXE, and SXF must be the three that the SAAF has been looking to acquire, with SXD potentially used as a parts aircraft.
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Re: SAA in Business rescue

Unread post by African Flyer » Thu Oct 15, 2020 1:03 pm

Snitch wrote:
Thu Oct 15, 2020 11:33 am
ACE MAN wrote:
Thu Oct 15, 2020 6:14 am
Snitch wrote:
Mon Oct 12, 2020 12:11 pm
So they are down to these final aircraft

A340-300
ZS-SXE (Has not flown since March 2020)
ZS-SXF (Has not flown since June 2020)

A340-600
ZS-SNC
ZS-SND
ZS-SNF
ZS-SNG

A330-300
ZS-SXM
And there I was under the impression SAA V2 would kick off with only 5 A320's :?
They are far from kicking off and I believe every aircraft still owned is for sale. Though with little market
So the plan is to sell A340's and then shutdown the company?
Then start SAA V2 from scratch?
Positive rate! :D
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Re: SAA in Business rescue

Unread post by Darren » Thu Oct 15, 2020 2:05 pm

The BRP plan was always to start operations with a fully leased fleet, as far as I recall. Obviously the intention wasn't to return all the leased aircraft, as happened when COVID hit, but all of the owned aircraft were put up for sale quite early.

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