Page 6 - World Airnews Magazine August 2020
P. 6

FLAREPATH





































                                  POOR PHIL



                                                                                        By Heidi Gibson

                                                                              to be operating a full domestic network

                                             plan. They claimed that the plan would   and schedule from January 2021.
                                             not work and applied to have SAA put
              t’s a hatchet job and it’s not going to   into administration. But it appears the   And who is going to have the unenvi-



           Iwork. And I said so when television   Department of Public Enterprises, as a   able position of trying to get this off the
            channel CNBC – 410 on DsTV  - asked   majority shareholder in SAA, moved to   ground. A new interim CEO has been

            me to comment on the whole debarcle.   block the legal action, and the vote on   appointed - Phillip Saunders.  So who
                                                                              is Phil? All I can say is Poor Phil.
            Please go to our website to check out   the plan went ahead.
                                                                               According to Acting Director-Gen-
            the link.                         The airline will focus on its domestic   eral of the Department of Enterprises
             Back to the story. Creditors  have ap-  routes before moving on to interna-  Kgathatso Tlhakudi, Saunders has
            proved a rescue plan to save loss-mak-  tional destinations. The airline will   a credible track record of leading
            ing South African Airways and now the    also update and strengthen its fleet.  airlines around the world, and his last
            government needs to come up with at   From July to February 2021, it   position before joining SAA, was at
            least 10 billion rand or (US) $596 million   is prioritising the addition of six   the International Air Transport Associ-
            to fund the airline and even these esti-  narrowbody aircraft. By December   ation (IATA).

            mates are not accurate.          2021, it aims to have 26 aircraft with   According to his LinkedIn profile,


             The fleet has to be scaled back and   19 narrowbody and seven widebody   Saunders has experience as chief

            the workforce reduced. As operations   planes serving 27 destinations around   commercial officer for Kuwait Airways,


            gradually resume as travel restrictions   the world.              as well as, Air Malta and he was the


            are eased  the burning question is   It will drop some of its international   CEO for Caribbean Airlines. He has to




            where is the government is going to find   destinations such as Guangzhou, Hong   appoint an interim management team
            the necessary 10bn rand. Oh boy there   Kong, Munich, and Sao Paulo. And in   who must work quickly.


            go the pension funds, I can hear you say.  addition to its domestic and regional   As far as fleet goes – SAA has sent two




             Over the last three years estimates   routes, it will offer five international ser-  of its Airbus A350s to a Spanish aircraft


            are around 20bn rand or (US) $1.1bn of   vices to Frankfurt, London, New York,   graveyard. They were leased from
            funding. Keep in mind that the company   Perth, and Washington D.C.  Avolon, joining the fleet last November,


            has not made a profit for more than   The restructured national carrier aims   having previously flown for Hainan Air-


            eight years.                                                      lines. According to data from Planespot-
             Anyway the 110-page rescue plan                                  ters.net, both aircraft are no longer part

            details how it is going to change                                 of the SAA fleet.

            all of this and the SOE will become                                South African Airways has four Airbus
            self-sufficient and move away from its                            A350s. The other two were hired from
            dependence on the government. What                                Air Mauritius which is now in voluntary

            this space!                                                       administration.


             It was interesting to note that regional                          There is always something sad about
            airline Airlink, with the backing of sever-                       seeing these beautiful craft lying empty



            al unions, attempted to block the rescue                          and not moving. Q
                                                  World Airnews | August 2020
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