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Ethiopian Airlines interested in saving South African Airways

African company has been in bankrupt for months

South African Airways is experiencing hectic hours and IT is looking for a business partner who can guarantee its operational future. South African carrier filed for bankruptcy several months ago, but unexpected economic help could come in these last days of Summer. According to reports from "Bloomberg", there would be a well underway negotiation with Ethiopian Airlines to discuss the possible acquisition...

sr - 1231572
Cape Town, South Africa, 09/03/2020 15:45
AVIONEWS - World Aeronautical Press Agency

AirlinesSouth African Airways' rescue plan approved

Carrier will receive half a billion euros

Half a billion euros: amount is considerable, to say the least, but it was deemed appropriate for the rescue of carrier South African Airways (read also the article published by AVIONEWS). Local government... more

AirlinesPlanes. South African Airways suspends all operations

Funds for restructuring are still lacking

A paradoxical situation to say the least: South African Airways, flag company of African Nation, has been in economic difficulties for some time and the proposals for the rescue have not had any follow-up... more

AirlinesPlanes. No funding yet for South African Airways

There will be a crucial meeting of creditors tomorrow

A long-awaited meeting: the fate of carrier South African Airways could depend on the meeting organized for tomorrow, on Friday September 18, 2020. This is the meeting called urgently and which will involve... more

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