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dcajet
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Re: Updated: SAA shrinks even further, laying off staff

Tue Jun 16, 2020 3:01 am

braniff2hav wrote:
ojjunior wrote:
SA A346 ZS-SNC (Star Alliance livery) is about lo land at EZE from GRU

SA2953 from Sao Paulo https://fr24.com/SAA2953/24b5373b

Cargo?

Has to be cargo as Argentina has suspended all commerical/passenger aviation. Unless it is perhaps repatriation service.


It is a repatriation flight. It did JNB-EZE-GRU yesterday and a day later is doing the reverse trip.
Keep calm and wash your hands.
 
evanb
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Re: Updated: SAA shrinks even further, laying off staff

Tue Jun 16, 2020 6:54 am

A330Inter wrote:
I think they are doing the best they can do for now while dealing the corruptible interference:
- Reduce long haul to the bare minimum: LHR, FRA, NYC (I would venture for GRU/HKG, I don't think it's needed, maybe SIN)
- Keep minimum of african routes under SAA brand (longer than 3hrs): ACC, ADD, CAI - leverage Star Alliance partnership there
- Everything else to be shifted to Airlink or LCC


I know this is the name of the game on Airliners.net to armchair CEO and hypothesize ... again, it ignores the fact that SAA's problems have nothing to do with their route network (or fleet for that matter). But I'll humor you, why SIN? What interest do SQ have (or have even had) in being a good partner? Are they going to provide SA adequate connecting capacity, support and at a viable price? Historically, they've shown little interest in allowing other most Star Alliance partners this support. Not too dissimilar question for ADD/ET who would do this if SA became part of the ET empire, but not clear they would allow a non-equity partner into their fortress so easily. And as for CAI, what network benefit would it give SA?
 
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VCVSpotter
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Re: Updated: SAA shrinks even further, laying off staff

Tue Jun 16, 2020 4:30 pm

It seems that SAA will be removing all A340s from their fleet. However, it seems that although the A343s are grounded, the A346s are still going strong. Any idea on what the retirement plans/schedule is for these birds, and where they'll eventually end up? There are currently 8 SAA A340s remaining, split evenly amongst A343s and A346s. I've seen the A343s go to LDE and the A346s to SBD, will that still be the case for the 8 remaining ones? Thanks in advance for any info.

https://www.airlinerwatch.com/2020/06/s ... s-all.html
https://docs.google.com/spreadsheets/d/ ... edit#gid=0

Just a normal teenager juggling AP classes and airplanes. No biggie • Love the 747 & 777-9 • Farewell BA/KL 744s
 
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cv990Coronado
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Re: Updated: SAA shrinks even further, laying off staff

Wed Jun 17, 2020 8:00 am

As many have predicted the South African government won't let SAA die, here is the latest restructuring proposal.
https://tinyurl.com/yaqscp6l
The following link has a little more detail on the proposed fleet make up.
https://www.travelnews.co.za/article/bu ... ain-soon-0
SSC-707B727 737-741234SP757/762/3/772/WA300/10/319/2/1-342/3/6-880-DAM-VC10 TRD 111 Ju52-DC8/9/10/11-YS11-748-VCV DH4B L
 
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PM
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Re: Updated: SAA shrinks even further, laying off staff

Wed Jun 17, 2020 10:33 am

VCVSpotter wrote:
It seems that SAA will be removing all A340s from their fleet. However, it seems that although the A343s are grounded...


ZS-SXF (A343) is currently over Mozambique on its was to Dubai.
 
andz
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Re: Updated: SAA shrinks even further, laying off staff

Wed Jun 17, 2020 12:15 pm

Here is a link to an article giving more details on the fleet returns and retentions:

https://www.news24.com/fin24/companies/ ... s-20200612
After Monday and Tuesday even the calendar says WTF...
 
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PM
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Re: Updated: SAA shrinks even further, laying off staff

Wed Jun 17, 2020 3:24 pm

andz wrote:
Here is a link to an article giving more details on the fleet returns and retentions:

https://www.news24.com/fin24/companies/ ... s-20200612

"The [returned] aircraft returned include four A319s; three A340-300s; three A340-600s; five A330-200s and two B737s."

SAA have (had?) two 737-300s configured for cargo leased (I think) from GECAS. Are these the returned planes or is it two pax aircraft from Mango? I suspect the former.

"It looks like SAA is struggling to match their expected new fleet requirement with their existing fleet. The A320s, which the airline is still holding on to, will likely be superfluous going forward, because it is expected that domestic and regional operations will be left for for its subsidiary Mango, which operates a Boeing fleet."

Domestic, probably. But surely regional will stay SAA? (Please!)
 
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thekorean
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Re: Updated: SAA shrinks even further, laying off staff

Wed Jun 17, 2020 3:47 pm

So the whole airline will consist of nothing but JNB to LHR and JNB to CPT. My goodness.
 
Williamsb747
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Re: Updated: SAA shrinks even further, laying off staff

Wed Jun 17, 2020 3:52 pm

thekorean wrote:
So the whole airline will consist of nothing but JNB to LHR and JNB to CPT. My goodness.


I’m sorry but how did you get that from the linked articles.
IAD, JFK, FRA, LHR and PER internationally. CPT, DUR and PLZ domestically.
B747>A340>A350>B777>MD11>B767>B757>MD88/90>B787>A380>A330>A220>A320>B737.
CPT JNB
 
andz
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Re: Updated: SAA shrinks even further, laying off staff

Wed Jun 17, 2020 6:37 pm

PM wrote:
SAA have (had?) two 737-300s configured for cargo leased (I think) from GECAS. Are these the returned planes or is it two pax aircraft from Mango? I suspect the former.


Correct.
After Monday and Tuesday even the calendar says WTF...
 
evanb
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Re: Updated: SAA shrinks even further, laying off staff

Wed Jun 17, 2020 7:22 pm

Williamsb747 wrote:
IAD, JFK, FRA, LHR and PER internationally. CPT, DUR and PLZ domestically.


And ACC, BLZ, DAR, EBB, GBE, HRE, FIH, LOS, LBV, LLW, LVI, LAD, LUN, MPM, MRU, NBO, NLA, VFA and WDH regionally.
 
davidjohnson6
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Re: Updated: SAA shrinks even further, laying off staff

Wed Jun 17, 2020 9:15 pm

I'm not sure that 23 aircraft for 27 destinations (some of which are long haul) is going to work, unless frequency goes down to maybe 2 or 3 per week. Fine for a purely leisure LCC, but maybe not great when business travellers cover a significant part of the customer base, or when you try to provide network connectivity by combining long-haul and short-haul
In particular, I'm not quite sure how customers will react to SAA flying JNB-CPT just 3x per week :-)
 
ZK-NBT
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Re: Updated: SAA shrinks even further, laying off staff

Thu Jun 18, 2020 3:26 am

davidjohnson6 wrote:
I'm not sure that 23 aircraft for 27 destinations (some of which are long haul) is going to work, unless frequency goes down to maybe 2 or 3 per week. Fine for a purely leisure LCC, but maybe not great when business travellers cover a significant part of the customer base, or when you try to provide network connectivity by combining long-haul and short-haul
In particular, I'm not quite sure how customers will react to SAA flying JNB-CPT just 3x per week :-)


Even if the mentioned long haul routes were each daily that would need 2 aircraft per route so 10 planes for 5 routes, some of them will probably be less than daily? Say 7-8 aircraft needed to cover those routes Some of the regional destinations would probably be daily others less than daily, 8-10 aircraft required there, which leaves 6-8 aircraft or so for 4 domestic destinations, JNB-CPT is very busy and I would think would still be served several times a day some on the widebody fleet.
 
evanb
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Re: Updated: SAA shrinks even further, laying off staff

Thu Jun 18, 2020 6:03 am

davidjohnson6 wrote:
I'm not sure that 23 aircraft for 27 destinations (some of which are long haul) is going to work, unless frequency goes down to maybe 2 or 3 per week. Fine for a purely leisure LCC, but maybe not great when business travellers cover a significant part of the customer base, or when you try to provide network connectivity by combining long-haul and short-haul
In particular, I'm not quite sure how customers will react to SAA flying JNB-CPT just 3x per week :-)


How so? Most SAA destinations are short haul. SAA's pre-lockdown schedule had A319/A320 doing between 4 and 6 sectors per day. You could run JNB-MPM 3x daily with a single aircraft for example. Some low frequency high volume regional routes like JNB-MRU and JNB-VFA also run with widebodies used between long haul flights. However, most routes will be once daily (e.g. VFA, LVI, NBO, DAR, EBB) or less than once daily (e.g. LLW, BLZ, FIH, LBV, LAD, NLA). Only a handful will have multiple daily frequencies (e.g. CPT, DUR, PLZ, HRE, WDH, LUN, MPM). Also, much of the reduction of fleet is fundamentally due to the reduction in long haul flying. So I do suspect a well utilized 23 aircraft could actually run this schedule.
 
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PM
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Re: Updated: SAA shrinks even further, laying off staff

Thu Jun 18, 2020 9:05 am

The old SAA (ie until a few weeks ago) was a bit hit or miss. One of my last flights (in early March) was JNB-LHR in Business. The seating excellent but, again, the onboard service pretty poor. But, to and from JNB (I live in WDH) the regional product in Business is excellent. (Though I wish the A319 had the same Business seating as the A320.)

Anyway, I hope SAA return to WDH asap and that their product is unchanged.
 
evanb
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Re: Updated: SAA shrinks even further, laying off staff

Thu Jun 18, 2020 9:46 am

PM wrote:
The old SAA (ie until a few weeks ago) was a bit hit or miss. One of my last flights (in early March) was JNB-LHR in Business. The seating excellent but, again, the onboard service pretty poor. But, to and from JNB (I live in WDH) the regional product in Business is excellent. (Though I wish the A319 had the same Business seating as the A320.)

Anyway, I hope SAA return to WDH asap and that their product is unchanged.


A319s are all but gone.
 
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PM
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Re: Updated: SAA shrinks even further, laying off staff

Thu Jun 18, 2020 10:46 am

evanb wrote:
PM wrote:
The old SAA (ie until a few weeks ago) was a bit hit or miss. One of my last flights (in early March) was JNB-LHR in Business. The seating excellent but, again, the onboard service pretty poor. But, to and from JNB (I live in WDH) the regional product in Business is excellent. (Though I wish the A319 had the same Business seating as the A320.)

Anyway, I hope SAA return to WDH asap and that their product is unchanged.


A319s are all but gone.

Indeed, and I only got to fly on four of them. Too late now. :(
 
andz
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Re: Updated: SAA shrinks even further, laying off staff

Tue Jun 23, 2020 1:36 pm

So here is today's news:

The government says it has received "unsolicited proposals from private sector funders, private equity investors and potential airline partners" for a new national airline to emerge from the SAA business rescue process.

It is intent on pursuing "credible proposals" for private sector investment and strategic partnerships in South African Airways, as well as equity participation for employees.

https://www.news24.com/fin24/companies/ ... e-20200623

Meanwhile Airlink are going to court tomorrow to block the SAA rescue plan as they are owed millions by SAA and they oppose the planned creditors meeting and voting on the plan which is scheduled for Thursday.

https://www.news24.com/fin24/companies/ ... n-20200623
After Monday and Tuesday even the calendar says WTF...
 
Breathe
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Re: Updated: SAA shrinks even further, laying off staff

Thu Jun 25, 2020 2:33 pm

Headline from this CAPA article states that the administrators Air Mauritius are planning on taking back their 2 x A350s.

Its behind a pay-wall, so can't read the article. If someone with access could give us a summary of the article, that would great!

https://centreforaviation.com/news/air- ... aa-1006999
 
danipawa
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Re: Updated: SAA shrinks even further, laying off staff

Sun Jul 12, 2020 3:35 pm

Airbus A350 -941 145 ZS-SDD South African Airways ferried 10jul20 JNB-LETL on return to lessor ex B-305A

Airbus A330 -243 1271 ZS-SXU South African Airways ferried 10jul20 JNB-LETL on return to lessor ex F-WWYX

https://www.skyliner-aviation.de/regdb. ... av4&page=2
 
behramjee
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Re: Updated: SAA shrinks even further, laying off staff

Sun Jul 12, 2020 4:17 pm

The new plan involves using 6 narrow body aircraft exclusively until S21 on regional and selected domestic routes only.

https://www.ch-aviation.com/portal/news/93003
 
danipawa
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Re: Updated: SAA shrinks even further, laying off staff

Sun Jul 12, 2020 5:42 pm

Under its proposed plan, a restructured SAA will resume flights later this year with a fleet of just six narrowbody aircraft. With that in mind, following the 17 that have already been returned to lessors, so 14 more aircraft are due to leave the fleet in the coming days. Airline sources told Aviation Central that two A350-900s and an A330-200 will all head to Spain on July 10 followed by six A320-200s which will all leave for Slovenia (three), France (two), and Estonia (one) on July 14. On July 15, five A330-300s will leave for France (three), the Netherlands (one), and another unknown destination.

This will leave SAA with only nine aircraft; three A319-100s, four A320-200s, and two A350-900s.


Sad but all good for SAA, thought they will retain all 4 A350 and few A333 ..
 
trees
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Re: Updated: SAA shrinks even further, laying off staff

Sun Jul 12, 2020 6:55 pm

Good article but it does omit the 9 A340’s SAA still own. 5 -300’s (4 airworthy) and 4 -600’s. Unless plans have changed I don’t believe the 3 A319’s are staying.
 
bmibaby737
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Re: Updated: SAA shrinks even further, laying off staff

Sun Jul 12, 2020 8:31 pm

trees wrote:
Unless plans have changed I don’t believe the 3 A319’s are staying.


3x are currently left in JNB, all owned by Castlelake - maybe they renegotiated the leases on these?
 
imag
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Re: Updated: SAA shrinks even further, laying off staff

Tue Jul 14, 2020 11:22 am

factsonly wrote:
9 June, 2020:

Three SAA A319 aircraft are being ferried from JNB to Accra and beyond........

1. SA4702 A319 ZS-SFI
2. SA4701 A319 ZS-SFG
3. SA4703 A319 ZS-SFM

https://www.flightradar24.com/data/aircraft/zs-sfi
https://www.flightradar24.com/data/aircraft/zs-sfg
https://www.flightradar24.com/data/aircraft/zs-sfm


Three A320 on their way to Accra today (14 July):
1 - SA4704 ZS-SZG
2 - SA4705 ZS-SZB
3 - SA4706 ZS-SZC
 
andz
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Re: Updated: SAA shrinks even further, laying off staff

Tue Jul 14, 2020 11:26 am

Today is the day of the vote on the business rescue plan. Apparently the meeting started at 11am local.

Philip Saunders, former CCO has been appointed interim CEO of SAA with a new interim board to be announced shortly.
After Monday and Tuesday even the calendar says WTF...
 
andz
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Re: Updated: SAA shrinks even further, laying off staff

Tue Jul 14, 2020 12:19 pm

Local TV news is reporting that the business rescue plan has been approved with over 85% of creditors voting in favour.
After Monday and Tuesday even the calendar says WTF...
 
danipawa
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Re: Updated: SAA shrinks even further, laying off staff

Tue Jul 14, 2020 2:38 pm

Airbus A320 -232 5680 ZS-SZB South African Airways ferried 14-15jul20 JNB-ACC-LJU on return to lessor (+ 5956 ZS-SZC) ex F-WWDF

Airbus A320 -232 6200 ZS-SZG South African Airways ferried 14-15jul20 JNB-ACC-TLL on return to lessor ex F-WWDG

https://www.skyliner-aviation.de/regdb. ... av4&page=1
 
danipawa
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Re: Updated: SAA shrinks even further, laying off staff

Wed Jul 15, 2020 5:37 pm

Airbus A350 -941 226 ZS-SDC South African Airways ferried 15jul20 JNB-LETL on return to lessor ex B-304Z

Airbus A320 -232 6007 ZS-SZD South African Airways ferried 15-16jul20 JNB-ACC-LJU on return to lessor ex F-WWBS

https://www.skyliner-aviation.de/regdb. ... av4&page=1
 
PANAMsterdam
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Re: Updated: SAA shrinks even further, laying off staff

Wed Jul 15, 2020 8:28 pm

So more and more planes are going back to their lessors (9 alone in the last few days), but still a rescue plan approval by the creditors. With which aircraft is SAA supposed to (re)start their operations?
Every country has an airline. The world has Pan Am.
 
Williamsb747
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Re: Updated: SAA shrinks even further, laying off staff

Thu Jul 16, 2020 9:03 am

PANAMsterdam wrote:
So more and more planes are going back to their lessors (9 alone in the last few days), but still a rescue plan approval by the creditors. With which aircraft is SAA supposed to (re)start their operations?


Nine aircraft; three A319-100s, four A320-200s, and two A350-900s.
B747>A340>A350>B777>MD11>B767>B757>MD88/90>B787>A380>A330>A220>A320>B737.
CPT JNB
 
evanb
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Re: Updated: SAA shrinks even further, laying off staff

Thu Jul 16, 2020 9:38 am

Williamsb747 wrote:
PANAMsterdam wrote:
So more and more planes are going back to their lessors (9 alone in the last few days), but still a rescue plan approval by the creditors. With which aircraft is SAA supposed to (re)start their operations?


Nine aircraft; three A319-100s, four A320-200s, and two A350-900s.


And the owned A340s.
 
Williamsb747
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Re: Updated: SAA shrinks even further, laying off staff

Thu Jul 16, 2020 10:16 am

evanb wrote:
Williamsb747 wrote:
PANAMsterdam wrote:
So more and more planes are going back to their lessors (9 alone in the last few days), but still a rescue plan approval by the creditors. With which aircraft is SAA supposed to (re)start their operations?


Nine aircraft; three A319-100s, four A320-200s, and two A350-900s.


And the owned A340s.


Aren’t all the A340s not airworthy or is it only a few.
B747>A340>A350>B777>MD11>B767>B757>MD88/90>B787>A380>A330>A220>A320>B737.
CPT JNB
 
evanb
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Re: Updated: SAA shrinks even further, laying off staff

Thu Jul 16, 2020 10:39 am

Williamsb747 wrote:
Aren’t all the A340s not airworthy or is it only a few.


Why would you think that? The remaining owned A340s have been flying regular repatriation and cargo flights in recent months. I can see ZS-SNC/D/F/G and SXF in recent weeks.
 
mr02
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Re: Updated: SAA shrinks even further, laying off staff

Thu Jul 16, 2020 12:33 pm

So SA will operate some international,regional and one domestic route?
 
Williamsb747
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Re: Updated: SAA shrinks even further, laying off staff

Thu Jul 16, 2020 12:50 pm

evanb wrote:
Williamsb747 wrote:
Aren’t all the A340s not airworthy or is it only a few.


Why would you think that? The remaining owned A340s have been flying regular repatriation and cargo flights in recent months. I can see ZS-SNC/D/F/G and SXF in recent weeks.


This article https://onemileatatime.com/south-africa ... st-planes/ : "Not all of the A340s are airworthy right now, so don’t expect them to fly anytime soon" which a friend at SAA technical confirmed.
Plus the A340 has been left out from "SAA 2.0" on ch aviation.
B747>A340>A350>B777>MD11>B767>B757>MD88/90>B787>A380>A330>A220>A320>B737.
CPT JNB
 
trees
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Re: Updated: SAA shrinks even further, laying off staff

Thu Jul 16, 2020 1:05 pm

Williamsb747 wrote:
evanb wrote:
Williamsb747 wrote:
Aren’t all the A340s not airworthy or is it only a few.


Why would you think that? The remaining owned A340s have been flying regular repatriation and cargo flights in recent months. I can see ZS-SNC/D/F/G and SXF in recent weeks.


This article https://onemileatatime.com/south-africa ... st-planes/ : "Not all of the A340s are airworthy right now, so don’t expect them to fly anytime soon" which a friend at SAA technical confirmed.
Plus the A340 has been left out from "SAA 2.0" on ch aviation.


Well the 5 A340's evanb mentioned are the only aircraft SAA has been flying in the last 4 months, SNF flew to LHR last night. I think its safe to assume they are airworthy. The original rescue plan had JFK IAD LHR FRA & PER as long-haul routes, if this is still the case, its not clear how they intend to operate that schedule with just 2 A350's. Besides there won't be any international flying apart from repatriation services until 2021 anyway.
 
ZX357
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Re: Updated: SAA shrinks even further, laying off staff

Thu Jul 16, 2020 1:49 pm

I suspect that the A350's will only be used on the North American routes as that as what they were originally intended for and Other routes will use A340's until the airline is more financially stable and is ready to update or expand its network with newer aircraft
 
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cv990Coronado
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Re: Updated: SAA shrinks even further, laying off staff

Thu Jul 16, 2020 3:22 pm

ZX357 wrote:
I suspect that the A350's will only be used on the North American routes as that as what they were originally intended for and Other routes will use A340's until the airline is more financially stable and is ready to update or expand its network with newer aircraft


Aren't those two A350s also leased? If so, I guess they plan to continue paying those leases and the lessors are happy about the risk? They probably can't find a new airline to lease them very easily now anyway.
SSC-707B727 737-741234SP757/762/3/772/WA300/10/319/2/1-342/3/6-880-DAM-VC10 TRD 111 Ju52-DC8/9/10/11-YS11-748-VCV DH4B L
 
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frigatebird
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Re: Updated: SAA shrinks even further, laying off staff

Thu Jul 16, 2020 3:33 pm

cv990Coronado wrote:
ZX357 wrote:
I suspect that the A350's will only be used on the North American routes as that as what they were originally intended for and Other routes will use A340's until the airline is more financially stable and is ready to update or expand its network with newer aircraft


Aren't those two A350s also leased? If so, I guess they plan to continue paying those leases and the lessors are happy about the risk? They probably can't find a new airline to lease them very easily now anyway.


Yes, the remaining 2 A350s are leased from Air Mauritius, which aren't doing that well either. No idea what the status of those 2 aircraft is now.

So I expect any long haul flying from SAA only with the A340s. Anyway, if they need other long haul aircraft they can be leased pretty cheaply I expect, far more supply than demand.
146,318/19/20/21, AB6,332,333,343,345,346,359,388, 722,732/3/4/5/G/8,9, 742,74E,744,752,762,763, 772,77E,773,77W,788 AT4/7,ATP,CRK,E75/90,F50/70
 
andz
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Re: Updated: SAA shrinks even further, laying off staff

Fri Jul 17, 2020 3:28 pm

frigatebird wrote:
Yes, the remaining 2 A350s are leased from Air Mauritius, which aren't doing that well either. No idea what the status of those 2 aircraft is now.


Last I read a couple of weeks ago was that Air Mauritius were taking them back.
After Monday and Tuesday even the calendar says WTF...
 
KingOrGod
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Re: Updated: SAA shrinks even further, laying off staff

Sat Jul 18, 2020 10:19 pm

andz wrote:
frigatebird wrote:
Yes, the remaining 2 A350s are leased from Air Mauritius, which aren't doing that well either. No idea what the status of those 2 aircraft is now.


Last I read a couple of weeks ago was that Air Mauritius were taking them back.


I believe that is accurate, it is my understanding that all A359 will leave the fleet. 2 already gone (the Hainan frames) and the 2 MAU going soon.
 
danipawa
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Re: Updated: SAA shrinks even further, laying off staff

Sun Jul 19, 2020 12:43 pm

Airbus A330 -343 1754 ZS-SXJ South African Airways ferried 15jul20 JNB-LDE on return to lessor ex F-WWCH

Airbus A330 -343 1779 ZS-SXL South African Airways ferried 16jul20 JNB-WOE on return to lessor ex F-WWCI
 
imag
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Re: Updated: SAA shrinks even further, laying off staff

Wed Jul 22, 2020 7:30 am

And another two A333 heading back to lessors today (22 July):

SA 4710 JNB to FNI ZS-SXI
SA 4711 JNB to FNI ZS-SXK

That just leaves ZS-SXM of the A333. For today at least. Always wanted to fly her, she’s named after my favourite airport code.
 
PANAMsterdam
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Re: Updated: SAA shrinks even further, laying off staff

Wed Jul 22, 2020 7:57 am

15 planes left for SAA. But still with highly paid staff. How can they make this airline ever profitable?!

Just let it go bankrupt, sell the name and planes for $1 to Mango and built onto that foundation. Mango was profitable, SAA was not.
Every country has an airline. The world has Pan Am.
 
danipawa
Posts: 429
Joined: Sat Oct 01, 2016 1:18 am

Re: Updated: SAA shrinks even further, laying off staff

Wed Jul 22, 2020 1:25 pm

Airbus A330 -343 1745 ZS-SXI South African Airways ferried 22jul20 JNB-FNI on return to lessor (+ 1757 ZS-SXK) ex F-WWKT

Airbus A320 -232 6189 ZS-SZF South African Airways ferried 21-22jul20 JNB-ACC-FNI on return to lessor (+ 6306 ZS-SZH) ex F-WWBX
 
andz
Posts: 7692
Joined: Mon Feb 16, 2004 7:49 pm

Re: Updated: SAA shrinks even further, laying off staff

Wed Jul 22, 2020 4:01 pm

PANAMsterdam wrote:
15 planes left for SAA. But still with highly paid staff. How can they make this airline ever profitable?!

Just let it go bankrupt, sell the name and planes for $1 to Mango and built onto that foundation. Mango was profitable, SAA was not.


The "highly paid staff" have all been offered voluntary severance packages this week to slash the workforce in line with the business rescue plan.

Inverted commas because my wife works for SAA and she is anything but highly paid.
After Monday and Tuesday even the calendar says WTF...
 
trees
Posts: 67
Joined: Tue Dec 29, 2015 3:48 pm

Re: Updated: SAA shrinks even further, laying off staff

Wed Jul 22, 2020 9:34 pm

PANAMsterdam wrote:
15 planes left for SAA. But still with highly paid staff. How can they make this airline ever profitable?!


The staff are paid in line with global standards. At least they were before covid. The issue is that there are too many staff.

PANAMsterdam wrote:
Just let it go bankrupt, sell the name and planes for $1 to Mango and built onto that foundation. Mango was profitable, SAA was not.


It’s unclear if Mango has ever been profitable, as their financials are rolled in with SAA’s.
 
PANAMsterdam
Posts: 249
Joined: Thu Jun 27, 2019 7:45 am

Re: Updated: SAA shrinks even further, laying off staff

Thu Jul 23, 2020 2:11 pm

trees wrote:
PANAMsterdam wrote:
15 planes left for SAA. But still with highly paid staff. How can they make this airline ever profitable?!


The staff are paid in line with global standards. At least they were before covid. The issue is that there are too many staff.

PANAMsterdam wrote:
Just let it go bankrupt, sell the name and planes for $1 to Mango and built onto that foundation. Mango was profitable, SAA was not.


It’s unclear if Mango has ever been profitable, as their financials are rolled in with SAA’s.



According to Wikipedia (okay, not best source) Mango was profitable in 2009, 2010, 2011, 2013 and 2016. Losses were made in 2008, 2012 and 2014 and no numbers were released in 2015 2016, 2018 and 2019.
Every country has an airline. The world has Pan Am.
 
danipawa
Posts: 429
Joined: Sat Oct 01, 2016 1:18 am

Re: Updated: SAA shrinks even further, laying off staff

Sat Jul 25, 2020 12:55 am

Airbus A320 -232 6147 ZS-SZE South African Airways ferried 23jul20 JNB-DAR-AUH on return to lessor ex F-WWBD

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