20 January 2020

South African Airways continues operations as normal!

South Africa's flag carrier, South African Airways (SAA), has released a media release to assure its customers and stakeholders that flight operations to all its destinations continue as normal. This comes after various media outlets reported that the airline will cease operations.
The airline is aware of media reports suggesting that it will cease operations. SAA is always committed to transparently communicate with all stakeholders, including customers, about any material or significant operational changes that may have an impact on flight schedules.
South African Airways (SAA) is officially in business rescue. The notice of commencement of business rescue proceedings was filed with the Companies and Intellectual Property Commission (CIPC) on 05 December 2019, as per Chapter 6 of the Companies Act 2008 (Act 71 of 2008). The CIPC has processed the appointment of the business rescue practitioner, Mr Les Matuson from Matuson Associates in South African Airways' voluntary business rescue process. 

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