Podcasts about south african airways saa

Stephen Grootes speaks to Guy Leitch, Editor at SA Flyer Magazine, about the latest development in the South African Airways (SAA) saga, where the airline is optimistic about resolving the impasse after Zimbabwe threatened to attach its assets.See omnystudio.com/listener for privacy information.

The office of the Auditor-General is appearing before parliament's standing committee on public accounts to speak about the performance of the Passenger Rail Agency of South Africa and South African Airways SAA. The two state-owned entities continue to experience a number challenges which have forced the government to seek interventions to help find practical solutions. For the latest we're now joined on the line by our Parliament reporter Lulama Matya 

Today marks 3 years since South African Airways (SAA) resumed operations after emerging from liquidation. The 90-year-old airline has long relied on state funding, but faced bankruptcy during the Covid-19 pandemic. A proposed sale of a 51% stake in the carrier was scrapped in March. Today, SAA CEO Professor John Lamola is set to deliver a report on the airline's operational performance, financial health, and expansion plans. To discuss this further Elvis Presslin spoke to Aviation Analyst, Phuthego Mojapele

Former Department of Public Enterprises director-general Kgathatso Tlhakudi says Public Enterprises Minister Pravin should be held accountable for the failed SAA - takatso deal. Pravin Gordhan announced the termination of the Takatso Consortium's 51% takeover of South African Airways (SAA). Takatso said in its response to the announcement, that the magnitude and materiality of the proposed changes had made it clear that the transaction would possibly need to be re-submitted to the Competition Tribunal. Sakina Kamwendo spoke to former Department of Public Enterprises director-general Kgathatso Tlhakudi, who was opposed to the deal during his time at the department... 

Minister in the Presidency, Khumbudzo Ntshavheni says Cabinet supports the termination of the Takatso Consortium's 51% takeover of the South African Airways (SAA).  Public Enterprises Minister Pravin Gordhan announced that the deal between SAA and Takatso Consortium was off. Takatso says it experienced immense political pressure in its attempt to acquire 51 percent in state owned airline SAA. Ntshavheni briefed the media on Thursday. Sakina Kamwendo spoke to Chairperson of Parliament's Portfolio Committee on Public Enterprises, Khaya Magaxa.

After almost three years of negotiations, government's talks with the Takatso Consortium as a private equity partner for South African Airways (SAA) are off. Public Enterprises Minister Pravin Gordhan made the announcement yesterday. Lester Kiewit speaks to aviation analyst, Phutego Mojapele.See omnystudio.com/listener for privacy information.

The details about the sale of South African Airways (SAA) for R51 to the Takatso Consortium are on the spotlight again in Parliament. This as the portfolio committee on Public Enterprises is expected to decide whether the documents on the SAA-Takatso deal can be made available to the public. There have been reports of tensions between Public Enterprises Minister Pravin Gordhan and Parliament's Public Enterprises Portfolio Committee  over the SAA - Takatso deal. Committee members are investigating Takatso's selection as the preferred equity partner to own a majority stake in the airline. The demand follows allegations of corruption and mismanagement surrounding SAA's sale. Takatso won the 51% stake in SAA just six weeks after the airline emerged from its business rescue. Sakina Kamwendo spoke to SABC parliamentary reporter, Abongwe Kobokana.

AVIATION NEWS US Transportation Chief Dashes Hopes of Quick Boeing Max 9 Jet Return US Transportation Secretary  announced that Boeing's Max 9 airplanes will remain grounded until they are deemed safe to fly by regulators, dashing hopes for a quick return to service. The secretary emphasized that safety is the top priority and that no one should be rushed in the process. Boeing is under scrutiny after a door plug ejected from a 737 Max 9 in mid-flight, resulting in a hole in the plane. Inspections and fixes are being conducted to ensure the safety of every plane delivered to airlines.   Undamaged plug exit on Alaska Max 9 had fasteners tightened during assembly During the assembly of an Alaska Airlines 737 Max 9, Boeing personnel tightened six loose fasteners on the fuselage structure around the plug exit opposite the one that later failed. The work was done at Boeing's factory in Renton, Washington, after the fuselage was shipped from supplier Spirit AeroSystems' factory in Kansas. While it is unclear why the fasteners were loose, this indicates that Boeing paid attention to discrepant components during assembly. The Federal Aviation Administration has launched an investigation into Boeing to determine if the completed products conformed to approved design and were safe for operation.   Cathay to probe year-end cancellations, as it admits it ‘underestimated' pilot shortage issue Cathay Pacific has admitted that it underestimated the number of reserve pilots needed during the year-end period, which resulted in numerous flight cancellations. The airline's chief operations and service delivery officer, Alex McGowan, is leading a task force to identify and resolve the underlying issues that caused these operational problems. The cancellations in January were necessary due to a lack of adequate reserve levels, and further flights had to be canceled in order to stabilize the current operation. Cathay Pacific has faced scrutiny from the Hong Kong government and its pilot union, which blames the airline's job cuts in 2020 for the current pilot shortage. McGowan has vowed to improve the situation and ensure high-quality services and reliability for customers.   SAA's historical mess of financial losses, broken airline operations finally revealed South African Airways (SAA) has suffered financial losses of R28.9 billion since 2018, despite receiving R38.1 billion in bailouts from the government during that same period. The airline has been dependent on taxpayer-funded bailouts since 2011 and its financial results for the past four years, which were only recently tabled in Parliament, reveal a dysfunctional airline that was not financially stable, with its biggest expenses being leasing aircraft, the maintenance of aircraft, fuel, and employee remuneration. SAA was placed in business rescue in December 2021 and the recently tabled results show that it is still dependent on government support to cover expenses that exceed its revenue.   Ural Airlines pays rent to farmer after its Airbus A320 lands in wheat field Ural Airlines has agreed to pay a farmer around $11,000 as compensation for having to rent his land for the commercial jet to stay there since September. The Airbus A320 had suffered a loss of hydraulic system and decided to switch to Novosibirsk Airport, but it ran out of fuel before reaching the airport and made an emergency landing on the farmer's wheat field. The aircraft is preventing the planting of wheat, resulting in losses for the farmer. Ural Airlines has not yet decided how to remove the A320 from the wheat field.   SUPPORT THE PODCAST ❤️ Please consider supporting us on Patreon with a small monthly pledge, and help us continue to bring you quality content: https://www.patreon.com/bryanair   PATREON & YOUTUBE MEMBERS

There is a "plunder's spree of note” by government officials to “make as much money as they can” before next year's national elections. That is the charge from OUTA's Wayne Duvenhage who speaks to BizNews after a Special Investigation Unit (SIU) report to Parliament has laid bare a “mind-blowing horror story” of looting that brought South African Airways (SAA) to its knees. Duvenhage says, with Anti-Corruption Week coming up there has been a lot of rhetoric from President Cyril Ramaphosa. However, “it might be some of his lackeys and his cronies and his cabinet ministers or senior people in the political structures that are implicated and that might have to go to jail, which is why we think that there's this reluctance to really get down to doing the hard yards here….He's very weak, I'm afraid.”

The government is expected to officially relaunch South African Airways (SAA) in Cape Town today. Public Enterprises Minister Pravin Gordhan says the relaunch is a milestone for the airline, which had run into turbulence after it was grounded for 16 months and underwent business rescue and averted liquidation. The event will also be used to announce the restart of the state-owned airline's direct flights to São Paulo, Brazil. To look at the significance of the relaunch South African Airways. Sakina Kamwendo spoke to aviation expert, Phuthego Mojapele.   

In this episode of UNDICTATED, BizNews editor Alec Hogg sits down with Wayne Duvenage, CEO of the Organisation Undoing Tax Abuse, to discuss the arrest and legal troubles of Dudu Myeni — a close associate of Jacob Zuma and the former chairperson of South African Airways (SAA). Myeni, who was arrested near her Richards Bay home on Friday, faces corruption charges related to her involvement with BOSASA, a company infamous for public sector bribery. OUTA and the SAA Pilot's Association fought a long court battle with Myeni, ending in a 2020 judgement that declared her a delinquent director, marking the beginning of her decline from affluence to infamy.

Public Enterprise Minister Pravin Gordhan is demanding a public apology from ANC Youth League President Collen Malatji. This after Malatji accused Gordhan of trying to sell off South Africa's state owned companies including its citizens. Malatji was reacting to the sale of the South African Airways (SAA). Gordhan says he will be meeting with the ANCYL soon. For more on this Elvis Presslin spoke to Mntuwoxolo Ngudle, ANCYL Secretary General

Africa is joined by Editor at SA Flyer Magazine, Guy Leitch to reflect on day one of the Competition Tribunal hearing into the Takatso Aviation Consortium and South African Airways (SAA) merger.See omnystudio.com/listener for privacy information.

✈️The partnership between South African Airways (SAA) and Takatso Consortium hangs in the balance following the resignation of Gidon Novick. A devastating airshow crash in the USA, supply chain issues with Pratt and Whitney engines and we open up on plans for an entirely different additional show in the new year. Join us next week for a live collaboration with World Air News.      ✅Quick Episode Summary:     SAA in the news. Lift Airline news. SARS sheds light on the traveller declaration system

Public Enterprises Minister Pravin Gordhan said the South African Airways (SAA) deal with government's chosen partner, the Takatso consortium, "remained alive" and dismissed a major schism in the consortium as "argy-bargy". On Monday, Gidon Novick resigned from the consortium's board, citing concerns about its ability to raise the money needed for the deal. The former co-CEO of kulula.com and co-founder of LIFT, also represented Global Airways, an aviation leasing company which owns LIFT. They are the minority shareholders in Takatso, and were supposed to contribute aviation expertise to a "new" SAA. The investment fund Harith is the majority partner in the consortium and was responsible for raising money for the deal. Takatso is supposed to take a 51% stake in SAA. In return, they would invest R3-billion in the airline over two years. For its part, Harith said Novick's resignation was "appropriate" given the potential conflicts of interest between LIFT and SAA. On Tuesday, Gordhan told Parliament's Standing Committee on Public Accounts that it was intriguing that Novick resigned from the Takatso board, but did not resign as a partner, likening such an act to "having your cake and eating it". Global Airways and Novick are retaining their stakes in Takatso. "Mr Novick was a small and relatively minor party in a transaction. Just because he happens to be somebody with experience somewhere in his past, as all of us do, doesn't discredit everybody else, nor does it mean that what he puts on the table is something that one must take seriously," Gordhan said. Gordhan said that despite concerns the deal was still moving along. "Issues have emerged in the public domain over the last 24 hours, but that is an internal matter as far as the consortium is concerned and is part of the argy-bargy of such a transaction. The transaction remains both alive and live," said Gordhan. 'Minor party' Gordhan and multiple members of the delegation, which included the Department of Public Enterprises and SAA, told Scopa that the Takatso deal was in a "sensitive" stage, which prevented them from sharing the finer details. Scopa member and Democratic Alliance MP Alf Lees insisted on the committee getting a full report of SAA's financials, saying that Scopa and the South African public must know what SAA's financial position and the process of the transaction was. "This cannot be a closed process. Who is the department talking to at Takatso if the CEO does not know the details? This is a parliamentary committee that is owned by the South African public. To say that performance is better than budget is really treating us with disdain," said Lees. In response to a question from Lees on how SAA hoped to fund the transaction if Takatso did not have the funding, Gordhan said the department had been given an assurance that the deal would not fall through over a lack of funding. SAA CEO and interim chair John Lamola said on 3 November, the Special Investigating Unit was making progress in investigating 23 contracts at SAA relating to general procurement and aircraft leases dating back to 2015-16. "Matters being investigated were indicated without providing detailed information into what they are investigating that all of them are sensitive and withheld so as not to impugn on the reputations of companies under investigation," said Lamola.

Captains Annabel Vundla and Refilwe Moreetsi of South African Airways (SAA) discuss being the airline's first Captain and officer in 88 years, what inspired them to become pilots, and advice for young women who want to follow in their footsteps.See omnystudio.com/listener for privacy information.

For the first time in 88 years, South African Airways (SAA) announced two black pilot female captains to join their ranks.See omnystudio.com/listener for privacy information.

On Monday, the Western Cape High Court ordered that Public Enterprises Minister Pravin Gordhan and the Department of Public Enterprises (DPE) provide Toto Investment Holdings with all confidential documents pertaining to their decision to sell a 51% stake of South African Airways (SAA). But the court turned down Toto's application to halt the sale of shares of SAA, punishing it with costs. Judge Nathan Erasmus ordered that Gordhan and the DPE provide a non-confidential record and a confidential one and that all parties in the litigation be bound by confidentiality agreements. Toto Investment Holdings, an unsuccessful bidder for some of the assets of SAA, has launched an application to have the sale to Takatso's parent company Harith set aside. This application is to be heard at the end of January 2023. In terms of the uniform rules of court, Gordhan and DPE were compelled to provide the record of decision for the transaction. But only a part of the record was handed over to Toto, as Gordhan and his department argued that crucial parts of it could not be disclosed due to commercial sensitivity. They said that some records must remain confidential. Erasmus ordered that for purposes of the case management of the January hearing, these records must be disclosed within 20 days of Monday's order. They will remain confidential and only parties to the litigation may be present in court when they are aired. Monday's order followed an urgent application by Toto last Wednesday to force Gordhan to provide the record. The applicants also asked the court to interdict the sale of shares to Takatso. Erasmus dismissed the application with costs on several grounds. Among the reasons was that Toto could have applied for an interdict last year when the sale was first announced, but opted not to. Toto had also failed to join Takatso as a party, citing instead its parent company Harith as a respondent. Despite the dismissal, Erasmus said that he had the "obligation and authority" to ensure that the process was appropriately managed, leading up to hearing of the main application in January. With the approval of the Judge President of the Western Cape High Court, Erasmus said he would case manage the matter, the first step of which was to regulate the furnishing of confidential documentation under a confidentiality regime.

In this episode Mona-Lisa Dube has a chat with the Chief Executive Officer of South African Airways (SAA), Professor John Lamola to discuss on the new strategy for the revitalize SAA and what they have planned for the future.

The long journey of over 36 200 whistle-blowers in the fight against corruption in South Africa comes into focus in the 2021 edition of the Corruption Watch (CW) annual report published recently, Pushing for change, as the organisation commemorates 10 years since its establishment in 2012. The past decade reveals a volatile experience for the brave whistle-blowers who have not been deterred by intimidation, stringent lockdown conditions, or threats to their livelihoods and sometimes even their lives. To talk about this Michael Avery is joined by Corruption Watch CEO Karam Singh; Former Sars executive Johann van Loggerenberg & Cynthia Stimpel, former group treasurer of South African Airways (SAA)

Guest: Miles van der Molen | CEO at CemAir See omnystudio.com/listener for privacy information.

Revamped national carrier South African Airways (SAA) is back in business after a lengthy business rescue process but unions say there are major issues at SAA that need to be addressed and so launched strike action. Alishia Seckam spoke to the chair of the South African Cabin Crew Association, Christopher Shabangu for more detail.

Aviation analyst and aviation focused magazine owner Guy Leitch what's happening with South African Airways (SAA) subsidiary Mango as the airline enters business rescue. The comes two years after SAA entered business rescue in 2019. The low cost carrier market is very competitive, with a number of domestic operators competing for relatively muted demand. 

Aviation analyst and aviation focused magazine owner Guy Leitch what's happening with South African Airways (SAA) subsidiary Mango as the airline enters business rescue. The comes two years after SAA entered business rescue in 2019. The low cost carrier market is very competitive, with a number of domestic operators competing for relatively muted demand. 

Guests: Jordan Butler, Mango Pilot Association chair Zazi Nsibanyoni-Mugambi | President at South African Cabin Crew Association See omnystudio.com/listener for privacy information.

The United Democratic Movement (UDM) says it's willing to go to court to challenge government's decision to sell a 51% stake in South African Airways (SAA) to the Takatso Consortium. The political party believes that the sale lacks detail and the involvement of Harith as part of the Takatso Consortium is a concern. Business Day TV's Alishia Seckam discussed this in detail with UDM leader Bantu Holomisa.

South African Airways (SAA) aims to resume flights in July or August this year. What are the plans to get SAA off the ground again, following its business rescue process? Bongani speaks to SAA Interim CEO Thomas Kgokolo. See omnystudio.com/listener for privacy information.

SAA's creditors are meeting today to possibly discuss liquidation, should government fail to provide the airlines business rescue practitioners with the necessary confirmation. Government has until today to indicate if it's managed to secure the required funds to save South African Airways from possible liquidation.We spoke to our reporter Amina Accram. We also spoke to our reporter, Mbali Mthethwa about The National Union of Metalworkers of South Africa (NUMSA) South African Cabin Crew Association (SACCA) and South African Airways (SAA) staff picketing outside Airways Park to demand funding for SAA today.

The Department of Public Enterprises (DPE) has welcomed the commitment by National Treasury that government will support and source funding for a business rescue plan for South African Airways (SAA), which will result in the emergence of a new viable, sustainable, competitive national airline. On Tuesday, 86% of SAA creditors voted in favour of the proposed business rescue plan. A 75% vote was needed for the business rescue plan to be adopted in order to save SAA from going to liquidation. We spoke to Aviation Expert, Linden Birns.

The North Gauteng High Court has declared former South African Airways (SAA) chair Dudu Myeni a delinquent director for life. The application was brought to court in 2017 by Organisation Undoing Tax Abuse and the SAA Pilots Association, to declare Myeni a delinquent director in terms of the Companies Act. The organisations accuse Myeni of plunging the national carrier into financial chaos while she was chairperson.

Public Enterprises Minister Pravin Gordhan says government does not want a fire sale of the assets of troubled national airline SAA nor for the carrier to be liquidated. He told a parliamentary committee that the government was in talks with rescue specialists in charge of state-owned South African Airways (SAA) on how best to save the airline, which entered a form of bankruptcy protection in December. He says government will be meeting with the Business Rescue Practitioners (BRPs) in the next two days on the restructuring of the airline. LINK: Gordhan has lauded the role played by South African Airways (SAA) staff in efforts to rescue the airline. Gordhan says in discussions with trade unions, they have agreed to take salary cuts of up to 40% to ensure SAA's survival. The Minister briefed the joint Portfolio Committee on Public Enterprises and the Select Committee on Public Enterprises and Communications during a virtual joint meeting yesterday evening. We spoke to Chartered accountant and Commentator, Khaya Sithole, SACCA President and Zazi Nsibanyoni-Mugambi

The National Union of Metalworkers of South Africa (NUMSA) and the South African Cabin Crew Association say the next 48 hours are crucial to observe regarding SAA. The unions had a meeting with Minister Pravin Gordhan, Labour and Government to try and avoid the liquidation of South African Airways (SAA) and the liquidation of SA Express (SAX) as well as to find the most optimum solution to SAA and SAX's current challenges, ensuring their continued existence and no job losses. We spoke to SACCA President, Zazi Nsibanyoni-Mugambi and Accountant and Commentator Khaya Sithole

The South African Airways (SAA) has cancelled a total of 162 flights. Of these, 38 are international and 124 are regional (destinations on the African continent) flights. This will be in place between 17th of March until 31st March 2020. We spoke to SAA spokesperson, Tlali Tlali...

The South African Airways (SAA) has cancelled some of its local and international flights. The cash-strapped airline was placed under business rescue in December, requiring R4-billion to kick start the process, led by practitioner Les Matuson. We spoke to the President of the South Africa Cabin Crew Association, Zazi Nsibanyoni-Mugambi and Accountant and commentator, Khaya Sithole

President Cyril Ramaphosa has instructed the government to urgently implement the process of putting the struggling South African Airways (SAA) under business rescue. The airline, suffered a crippling strike last month and was forced to cancel a number of flights and this pushed it to the brink of collapse. In a statement, the minister of Public Enterprises, Pravin Grodhan says placing the airline on a business rescue is an optimal mechanism to restore confidence in SAA and to safeguard it's good assets. SAA has not made a profit since 2011 and is dependent on government bailouts to remain solvent. We speak to economics reporter, Amina Accram and accountant/commentator Khaya Sithole

Trade union Solidarity has served court papers on South African Airways (SAA) and ministers of Finance and Public Enterprises asking that the airline be placed on business rescue. The trade union says this is essential for SAA for the sake of taxpayers. Its Chief Operations Officer Dirk Hermann says the airline could be heading for liquidation and this would have far-reaching consequences for the 11-thousand employees

South African Airways (SAA) says it believes that it had in the past been infiltrated by an international crime syndicate which looted hundreds of millions of rands through corrupt tenders in the procurement of aircraft parts. SAA says some of this dates as far back as 2015/ 2016 . The airline says it has launched an investigation to look into whether it had been supplied with dodgy parts that failed to meet industry standards. We spoke to Aviation Expert and SA Flyer Magazine Managing Editor Guy Leitch. We also spoke to Numsa's National Spokesperson Phakamile Hlubi- Majola regarding SAA managing to interdict the planned strike by Air Chefs staff members. The court says NUMSA may return at the end of November to argue why the interim order should not be made permanent. Air Chefs employees are not happy because the anniversary bonus was unilaterally withdrawn by management.

The DA has welcomed the reported removal of Dudu Myeni from the South African Airways (SAA) board. The opposition party has accused Myeni of damaging the airline, saying she should have been removed along time ago. The DA says that the reported restructuring of the SAA board includes an experienced aviation expert, after a year a calling for this since the current board was appointed in September last year. We get reaction from Aviation expert, Editor and Publisher of SA Flyer Magazine,Guy Leitch.

Tomorrow (Saturday 29.09) is D-day for South African Airways (SAA) to pay back the one-point-eight-billion-rand owed to Citi Bank. The debt, which was supposed to have been paid already, was extended to the end of September. It is unclear where the money will come from as the Public Investment Corporation is digging its heels, refusing to bail out bankrupt state-owned entities. By last night, Treasury was reportedly still searching for a solution to the SA Airways funding crisis. We speak to Guy Leitch, Editor and Publisher of SA Flyer Magazine

National Treasury is now under pressure to pay 13 billion rand bailout packages in order to save two ailing parastatals. The South African Airways (SAA) is expected to get 10 billion, while the SABC is looking at getting 3 billion from Tresury. This comes as reports have emerged that the extension of SAA Board Chairperson, Dudu Myeni's contarct to November may be irregular. Three months ago, some civil organisations had expressed delight at the announcement by Finance Minister Malusi Gigaba that Dudu Myeni would not serve another term on the board of SAA after the 31st of August. We unpack this with the Chairperson Department of Transport and Supply Chain Management, University of Johannesburg, Professor Jackie Walters.

National Treasury is now under pressure to pay 13 billion rand bailout packages in order to save two ailing parastatals. The South African Airways (SAA) is expected to get 10 billion, while the SABC is looking at getting 3 billion from Tresury. This comes as reports have emerged that the extension of SAA Board Chairperson, Dudu Myeni's contarct to November may be irregular. Three months ago, some civil organisations had expressed delight at the announcement by Finance Minister Malusi Gigaba that Dudu Myeni would not serve another term on the board of SAA after the 31st of August, we speak tothe Chairperson of the Organisation Undoing Tax Abuse, OUTA, Wayne Duvenage.

The South African Airways (SAA) board of directors yesterday assured the public that it would not cover up corruption at the state-owned airline following a Sunday newspaper report that it paid R4.5 billion to overseas companies for long-term contracts. The board says action will be taken against anyone accused of criminality must have factual basis and be legally sustainable. Investigations were previously commissioned by SAA to look into financial losses incurred by the company. Tsepiso Makwetla spoke to SAA Acting Ceo, Musa Zwane ...

Pilots of South African Airways (SAA) have voted overwhelmingly in favour of a vote of no confidence in both the chair and non-executive directors of the board. This comes as financial situation at SAA still remains on the spot light wit h the controversial Airbus deal and possible breaches of certain legislation. Sakina Kamwendo spoke to John Harty of the SAA Pilot Association.