AAR will pay more than $55 million to resolve investigations by the U.S. Justice Department and SEC into violations of the Foreign Corrupt Practices Act.
South African Airways’ (SAA) operations have returned to normal, after management appeased striking pilots with a 9.47% raise offer, ending a two-day walkout.
Kenya Airways seeks to resume strategic partnership talks with South African Airways (SAA) but may consider a strategic cooperation with another African carrier
South African Airways may consider selling one of its slot pairs as it seeks to raise funds so it can continue its slow recovery, the interim chairman says.
SunExpress will double the number of aircraft it leases to South African Airways to handle increased traffic levels over the Southern Hemisphere summer season.
South African Airways is seeking to use some of its assets as a means of raising the necessary investments to continue the airline’s recovery from the pandemic.
Mango will finally be sold to bidders identified back in August 2022, following a legal battle between Mango’s administrators and the South African government.
South Africa's government gave up a stake in the flag carrier in 2021 after it added debt and went into bankruptcy, but the airline has been in rebuild mode.
South African Airways is planning to grow its fleet to around 40 aircraft as it works to become re-established as the country’s primary international airline.
Senior South African government officials have approved plans to close the DPE, which owns South African Airways, and replace it with a new holding company.
