How to fly to South Africa despite the troubles at SAA
Flying to South Africa can still be done despite the recent troubles at SAA. This blog lets you know why.
Flying to South Africa can still be done despite the recent troubles at SAA.
On 6 December 2019 the heavily endebted South African Airways (SAA) announced it will be placed under business rescue. This is not a bad thing, since it will now be able to continue operating (https://www.flysaa.com/about-us/leading-carrier/media-center/media-releases/newsroom).
Being in business rescue means that an independent third party company specialising in bettering financial management in businesses takes control of the financial decisions to protect the company from leading to its own downfall.
In South Africa you are protected from bankruptcy should you be able to continue to generate revenue, however business rescue then becomes compulsory until such time the bad debts of the company is repaid.
In recent news events, the cabinet has also provided SAA with some financial relief (2 billion South African rand) directly from the treasury.
It is a general well-known fact in public economics, that public enterprises and countries cannot go bankrupt (they will rather opt for bail-out plans with the IMF). SAA being a public company.
In our opinion, SAA will continue operations for many years to come, despite the slur in the media.
Local airlines such as SA Airlink, Mango and Kalula.com are also independent from SAA, your local flight bookings are “all-good”. No problem there.
The good news is however, even if you are uncomfortable with flying with SAA, that there are many other carriers to make use of:
- British airways
- Virgin Atlantic
- Emirates
- Qatar
- Turkish airways
- Air France
- Delta flights
- Swiss flights
- Saudi flights
- Etihad
- Air China
- Quantas
- EL AL Israel
- and many many more…
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