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Struggling South African Airways to Receive $400 Million Capital Injection

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The South African government has promised another sizeable cash injection to its ailing national carrier to assist with “urgent financial obligations,” it was announced on Thursday. The latest 5 billion rand ($400 million) boost will mean that the airline has received over $2 billion in government subsidies in recent years. (airlinegeeks.com) עוד...

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ColinSeftel
Colin Seftel 4
SAA's problems arise from a bloated payroll. The airline has 55,500 employees and 58 aircraft. Compare this to Qantas with 32,500 employees and 252 aircraft. (Source: https://www.sapromo.com/horrific-stats-about-saa/1959)
joelwiley
joel wiley 3
Should one have a rule: "An airline should have fewer employees than revenue seats"? And if yes, how many fewer?
djames225
djames225 2
Are you sure about those numbers that "article" spit out over 5 yrs ago..from what I understand, Quantas Inc has close to 310 craft and 38,320 employees and SAA has shrank their fleet down to 48 and 11,630 employees..I do see what you mean about bloated payroll and perhaps time to trim the fat of employee's,more aircraft and management.
I wonder how much the CEO etc pull in that should not.
ColinSeftel
Colin Seftel 1
I think you are right, my source may not be reliable. Wikipedis gives the SAA payroll as 10,071 from the 2016/17 annual report with a fleet of 47. That's still 213 employees per aircraft compared to Qantas 124, using your figures.
djames225
djames225 2
Yep and like was said, time to trim fat starting at head office..if you can't properly manage an airline and keep it driven in the red, you do not deserve bonus etc..47 aircraft really need 715 pilots when routes are getting disected?..Outsource maintenance to a reliable company, then don't have to stockpile parts.
leonkay
Leon Kay 2
Despite their "bloated payroll" they can't provide a good service. After a few bad experiences with them my wife and I refuse to fly on SAA. Fortunately we have a few other carriers that we can use in Southern Africa, that includes British Airways operated locally by Comair. The only carrier that provides flights to the Kruger National Park is SA Airlink. Fortunately they are privately owned of which SAA has less than 10% share. We find the service provided by them as very good.
M20ExecDriver
M20ExecDriver 1
This is how fkd up they are. Took a Tuesday flight out of Joburg to Dulles with a stop in Dakar. After landing, was told I had to change seats as another passenger boarding from there had the same seat assignment.There were many people having to change seats, get there carry ons out of the overhead. It was a total clusterfk. Aside from that, the last ten rows were empty and so were many in economy. In the middle row of four where I sat, the two middle ones were empty.
M20ExecDriver
M20ExecDriver 2
Edit: They need more than money. They need 21st century management instead of political hacks running the company.
gccooley
gary mitchell 1
Will SA be confiscating the Airline along with the family farms?
chalet
chalet 1
Every government-owned airline hemorrage large amounts of money year after year: fleets larger than what is necessary (planes flying on average less than 5 hours a day), pilots flying less than 50 hours a month yet collecting salaries commesurate with 90 hours per month and bloated bureaucracy all over.

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