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SAA boss eyes dropping routes, new jets

2014-11-26 11:18:20| Airlines - Topix.net

South African Airways should curb losses by securing 1.3 billion rand in annual savings from dropping weaker routes and accelerating plans to retire inefficient jets, according to its interim chief. Route changes could contribute 507 million rand to earnings before interest, tax, depreciation and amortisation, while restructured plane leases should save 300 million rand, acting chief executive Nico Bezuidenhout said today.

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SAA acting CEO 'overstated his qualifications'

2014-11-23 11:58:42| Airlines - Topix.net

The airline admitted that it was wrong to state that acting chief executive, Nico Bezuidenhout, had qualifications he didn't complete. South African Airways acting chief executive, Nico Bezuidenhout, is the latest in a series of high-profile executives and politicians who have been exposed for overstating their qualifications, Sunday Times reported.

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South Africa: 'SAA Needs Cash Injection'

2014-11-10 11:17:51| Airlines - Topix.net

The Portfolio Committee on Public Enterprises conducted an oversight visit to South African Airways , a state-owned company, earlier today. The visit to the airline was for members of the Committee to understand the challenges that SAA is facing, in particular relating to governance instability, the resignation of board members and suspension of the Chief Executive Officer and financial difficulties that the company is experiencing.

Tags: south cash africa south africa

 

Fly Africa, SAA to fight over Zim routes

2014-10-29 09:57:37| Airlines - Topix.net

Fly Africa, a low-cost carrier based in Zimbabwe, plans to compete with South African Airways on the Harare-Johannesburg route next month by luring passengers with cheaper deals. "For that sort of flight one shouldn't pay in excess of $300 on a return ticket," country manager Matipedza Karase, the son of chief executive Chaka Karase, said in an October 22 interview at the company's offices in Harare, Zimbabwe's capital.

Tags: africa fly fight routes

 

British American Tobacco del Peru Holdings SAA - Company Capsule

2014-08-21 14:41:09| Beverage industry market research - from just-drinks.com

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