South African Airways (SAA) has slashed routes.
This is according to spokesman Tlali Tlali. He said “We have taken note of the decline in demand for air travel, which has been substantial. For us it wouldn’t make commercial logic to continue to operate indiscriminately, despite the realities that we have alluded to.”
SAA will only be operating the Johannesburg – Cape Town and some of its regional routes.
This statement comes in the wake of the cancellation of international flights due to the outbreak of Covid-19. Tlali said they have kept customers updated on future developments.
SAA expresses concerns about the exacerbating the effect on its financial situation by the virus outbreak.
SAA business rescue practitioners have until 29 March 2020 to present their rescue plan to creditors.
IRR Head of Policy Research, Dr Anthea Jeffery, said last week: ‘Effective action against the pandemic would be easier to achieve if the government would finally embark on the structural reforms that Mr Ramaphosa was always supposed to usher in. That means slaughtering large numbers of NDR holy cows.
‘It requires the ANC to abandon all expropriation without compensation (EWC) measures and other threats to property rights, jettison the proposed NHI, reject all attempts to bring back prescribed assets for pension funds, privatise failing SOEs, abandon cadre deployment, terminate BEE, increase accountability, and clamp down strongly on corruption.