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Is SAA’s reported return to profit a genuine turnaround or premature optimism without audited proof?

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Tonight we turn to South African Airways, which according to Moneyweb says it has moved from a R354 million loss to a R155 million profit for the financial year ending March 2025. The airline reports a 36% jump in revenue to R8.8 billion, nearly R2 billion in cash on hand, no interest-bearing debt, positive equity of more than R6.6 billion, and a steadily expanding fleet and route network. To help us unpack this, we are joined by aviation analyst Guy Leitch.
9 Feb 3PM English South Africa Business News · Investing

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