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Cue the other airlines to massively hike their prices with fewer seats available. You know the SA company mindset - rather hike prices that provide the needed capacity.
 

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Cue the other airlines to massively hike their prices with fewer seats available. You know the SA company mindset - rather hike prices that provide the needed capacity.
Spot on ... the other players are not charities.
 

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Wow. Massive downsizing for SAA:

SAA to scrap all domestic routes apart from Joburg, Cape Town

SAA is cancelling all of its domestic routes apart from Johannesburg to Cape Town, the joint Business Rescue Practitioners (BRPs) of South African Airways (SAA) announced on Thursday. The BRPs also announced that it is exploring the sale of some of the embattled airline's assets, and has confirmed that staff cuts will have to be made.

All domestic destinations, including Durban, East London and Port Elizabeth, will cease to be operated by SAA on 29 February 2020. Domestic routes operated by Mango will not be affected by the changes.

"On the domestic route network, SAA will continue to serve Cape Town on a reduced basis."

On 29 February 2020, SAA will also close the regional and international services from Johannesburg to Abidjan via Accra, Entebbe, Guangzhou, Hong Kong, Livingston, Luanda, Munich, Ndola, and Sao Paulo.

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 and Windhoek.

"Following a careful analysis of SAA’s liquidity challenges and after consultations with all relevant stakeholders, the BRPs have identified which routes will be retained to drive the restructured national carrier towards profitability," according to a statement released on Thursday afternoon.

"To improve the airline’s liquidity, rationalisation programmes are under consideration for SAA’s subsidiaries, as well as the sale of selected assets. The BRPs will continue to explore viable investment opportunities with potential investors in respect of SAA."

https://www.fin24.com/Companies/Industrial/saa-to-scrap-all-domestic-routes-apart-from-joburg-cape-town-20200206
I've been saying this for ages. Dump domestic routes and let the Low Cost airlines fight it out. And even invite some of the bigger Low Cost Airlines in. Compete where you have an advantage, International flights.
 

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SAA leases 10 A320s...which should actually be just sufficient to operate remaining regional routes and JNB-CPT.

The 7 A319s might probably be on the way out rather...or move to Mango
 

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Goodbye SAA...


South African Airways Nears Collapse With Plan to Fire All Staff

South African Airways plans to lay off its entire 4,700-strong workforce after failing to persuade the government to provide more financial help, a move that threatens to ground the 86-year-old national carrier for good.

The state-owned airline has offered severance deals to all staff from the end of this month after administrators concluded that a successful turnaround is now unlikely, according to a proposal to eight labor groups seen by Bloomberg News. The basic value of compensation will be one-month pay per year of service and will depend on the successful disposal of assets such as real estate, according to the document.

SAA has relied on bailouts and state-guaranteed debt agreements for years, having last made a profit in 2011, and was put into a form of bankruptcy protection in December. Public Enterprises Minister Pravin Gordhan said earlier this week that the cost of staving off the Covid-19 pandemic in the country meant no more cash could be extended, while Finance Minister Tito Mboweni said the carrier’s closure could help shore up state finances.

The coronavirus may prove the final nail in the coffin for SAA, which was reducing routes and considering job cuts even before the outbreak forced airlines around the world to ground planes. The industry could lose $314 billion in ticket sales this year, according to the International Air Transport Association, as lockdowns and travel bans take an increasingly heavy toll on the global economy.

SAA has been flying cargo planes and chartered flights to countries such as Germany and Brazil in recent weeks, but no commercial passenger services. The plan to offer severance packages to all staff was first reported by News24 website.

 

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I tried to splurge my Voyager miles at the Wine Club but they're no longer accepting them. Looks like they're unusable at the moment
 

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This might be a stupid question, but does anyone know what will remain of/happen with SAA as a brand, in the case that the airline collapses?
E.g. If SAA ceases to exist, but at a later date the government/a private entity decides to start a new airline of similar scale, would SAA brand assets etc be available for reuse? Im sure I saw something on the news about how something along those lines are a possibility?
 
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