More trouble for ‘NEW’ SAA as it loses licences to important routes.

--:--
South African Airway has reportedly lost 20 licences to routes that serve domestic and international passengers.
The Air Services Licensing Council (ASLC) revoked the licences after the troubled airline was unable to prove that it had sufficient personnel, facilities and equipment to service the routes, according to aviation analyst Phuthego Mojapele.
Speaking to ENCA, Mojapele said that the airline wished to keep access to 52 routes and made representations to the council but could not sufficiently justify having 20 of the licences when the routes were not in operation.
29 Sep 2022 5AM English South Africa Business News · Investing

Other recent episodes

Innovative tech to help people living with diabetes

GUEST – Dr Grant Newton - CEO of the Centre for Diabetes and Endocrinology Two healthcare companies in the South Africa, 3Sixty Global Solutions Group and the Centre for Diabetes and Endocrinology (CDE) are introducing devices to help people living with diabetes monitor blood sugar levels without injections or needles…
23 Apr 2PM 11 min

How to plan for retirement and make your money last longer

People across the world are living longer, with economists forecasting that living to 120 years is now an imaginable concept within the next decade. Furthermore, the World Health Organisation (WHO) predicts that by 2030, one in six people worldwide will be aged 60 or above, and the number of individuals…
23 Apr 1PM 15 min

SAA seeks minority shareholders and loans

GUEST - Derek Hanekom - SAA Board Chair Government is seeking potential minority investors and access to capital markets and loan financing for South African Airways for more rapidly.
22 Apr 2PM 11 min

DISCOVERY LIFE PAYS R10.5 BILLION TO CLIENTS IN 2023

GUEST – Kashmeera Kanji - Discovery Life Head of Market Analytics, Research & Development Discovery Life published its 2023 claims experience showing positive trends in earlier detection of severe illnesses, influenced by an increase in health screenings, and significant decrease in COVID-19 claims. In 2023, Discovery Life paid claims to…
22 Apr 2PM 15 min