South African Airways, which runs one of Africa’s biggest unprofitable fleets is currently seeking the aid of about 20 billion rand ($1.5 billion)from the government to pay off debts to ensure that they stay in business.
The South African Airways plans to fly 23 percent fewer flights alongside its plan to retire five aircrafts so as to regain the profit making capacity of the company.
“One narrow-body aircraft has left the fleet, with four more expected to leave the fleet by December 2017,” Acting chief executive Musa Zwane, told a parliamentary committee.
Amidst the company’s plan of retire five aircrafts, the company’s chief executive said in a radio interview that it will not include cutting local routes,
