The joint Business Rescue Practitioners (BRPs) of South African Airways (SAA) announced further initiatives to support the airline’s transformation into a sustainable and profitable business.According to the the BRPs, Les Matuson and Siviwe Dongwana, have worked closely with key stakeholders including industry specialists, government, creditors and executive management to develop a comprehensive restructuring programme which will conclude in a Business Rescue Plan to be published in late February and subsequently presented to creditors for approval. These measures include targeted changes to the route network, deployment of more fuel-efficient aircraft, optimisation of organisational structures and renegotiation of key contracts with suppliers.
In a media statement SAA said, “The initiatives we are taking now will strengthen SAA’s business. We believe that this should provide reassurance to our loyal customers that SAA is moving in the right direction.” SAA will continue to operate all international services between Johannesburg and Frankfurt, London Heathrow, New York, Perth and Washington via Accra. Regional services to be retained include from Johannesburg to Blantyre, Dar es Salaam, Harare, Kinshasa, Lagos, Lilongwe, Lusaka, Maputo, Mauritius, Nairobi, Victoria Falls, Livingston and Windhoek. On 29th February 2020, SAA will close the following regional and international services from Johannesburg to Abidjan via Accra, Entebbe, Guangzhou, Hong Kong, Luanda, Munich, Ndola, and Sao Paulo. On the domestic route network, SAA will continue to serve Cape Town on a reduced basis. All other domestic destinations, including Durban, East London and Port Elizabeth, will cease to be operated by SAA. Domestic routes operated by Mango will not be affected by the changes. All customers booked on any cancelled international and regional routes will receive a full refund. Customers booked on cancelled domestic flights will be re-accommodated on services operated by Mango.