SAA is selling tickets – but there’s ‘no certainty’ it will fly
- SAA is now selling seats on flights scheduled from 15 June.
- But there is “no certainty” that it will fly, says a spokesperson for its business rescue practitioners.
- The practitioners are awaiting agreement from government on a new cash injection.
- For more articles, go to www.BusinessInsider.co.za.
SAA is now selling seats on flights scheduled from 15 June 15 – but there is “no certainty” that it will fly, a spokesperson for its business rescue practitioners (BRPs) says.
Only a couple of seats are still available from around R4,400 one-way between Johannesburg and Cape Town on 15 June.
Louise Brugman, spokesperson for BRPs Les Matuson and Siviwe Dongwana, says SAA is still selling tickets because the airline “intends to continue operating into the future”.
However, to restart the airline a working capital injection for both SAA and Mango will be needed, as set out in a draft plan proposed by the BRPs, says Brugman.
According to the plan, SA taxpayers will have to contribute R4.6 billion more to save the debt-laden SAA. The final business rescue plan will be submitted on Monday. Government will only take a decision on funding towards the end of the month.
“So, without certainty on the funding, there can be no certainty on when exactly SAA can fly,” Brugman said.
If SAA does not have a commitment by 15 June and can’t fly, those who have booked tickets will either be accommodated on other airlines which are operational at the time.
“If there are no airlines flying and we cancel a flight, then we will issue vouchers to passengers.”
SAA itself announced earlier that its flights will resume mid-June – but this did not sit well its BRPs, who said they did not authorise the announcement
"It is unfortunate that the unvetted press statement created an unfair expectation on our relevant stakeholders, including SAA’s customers as well as employees, who are on unpaid absence as a result of the travel ban which led to the halting of the company’s operations and compounded its financial distress," they said in a statement.
SAA was placed into business rescue in December 2019.
Comair, which operates kulula and British Airways in SA and entered business rescue last month, may start flying again in November - if at all.
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