SAA says 90 Day Action Plan has helped the airline get their act together

After South African Airways recently completed its 90-Day Action Plan which started late in 2014, Acting CEO Nico Bezuidenhout says that the airline has seen a marked improvement in their cost reduction.

(Also read our article: 4 steps Government is taking to save South African Airways)

The plan was a roadmap to stabilize the carrier and resume full implementation of a refined Long-Term Turnaround Strategy (LTTS).

The changes we affected have gone down fairly well, we announced saving of approximately R 1.25 billion and that came about by focusing strongly on cost reduction and changing some of our network operations. It was a lot of hard work done and is reflecting positively in recent months.

Nico Bezuidenhout, Acting CEO at SAA

Listen to the full conversation from The John Robbie Show:


Recommended

by NEWSROOM AI
Read More
Major medical breakthrough: New gene pegged as cause of heart attacks in youth

Major medical breakthrough: New gene pegged as cause of heart attacks in youth

This is being called the biggest medical advancement in South African cardiology since Dr Chris Barnard's first heart transplant.

Parents urged to check tertiary institutions are legit before registering kids

Parents urged to check tertiary institutions are legit before registering kids

The Council on Higher Education says parents need to be wary of the increasing number of fly-by-night tertiary institutions.

New app to detect hearing loss

New app to detect hearing loss

University of Pretoria has developed a new app which uses a smartphone to detect hearing loss.

SAA CEO discusses the airline’s huge operating loss and how Treasury will assist

SAA CEO discusses the airline’s huge operating loss and how Treasury will assist

Financial results are out; SAA is still bleeding (fuel hedging means cheap oil won’t help) and Treasury is reluctant to help.

4 steps Government is taking to save South African Airways

4 steps Government is taking to save South African Airways

SAA’s latest turnaround strategy is taking shape and, unlike the ones that came before, it’s rather radical.

Eskom in Trouble, 30 year sentence for rape, SAA's 90 day recovery plan

Eskom in Trouble, 30 year sentence for rape, SAA's 90 day recovery plan

Eskom in Trouble, 30 year sentence for rape, SAA's 90 day recovery plan

Popular articles
[LISTEN] Van Breda's call to emergency services: 'My family and I were attacked'

[LISTEN] Van Breda's call to emergency services: 'My family and I were attacked'

The chilling call Henri van Breda made to emergency services on the night his mother, father and big brother were hacked to death.

[LISTEN] Father shares how he shot the man who raped his daughter

[LISTEN] Father shares how he shot the man who raped his daughter

Johannesburg father, Chris says he had just come back from work when he walked in on an employee raping his 17 year old daughter.

MTN Walk The Talk with 702: Get your entries in and be part of a united Joburg!

MTN Walk The Talk with 702: Get your entries in and be part of a united Joburg!

Join Joburgers from all walks of life come together peacefully, united in their diversity for a fun family day out.

UPDATE: Chilling WhatsApp from Marli van Breda's ex-boyfriend read out in court

UPDATE: Chilling WhatsApp from Marli van Breda's ex-boyfriend read out in court

Marli van Breda's ex took the stand in the trial of triple murder accused Henri van Breda.

So what exactly is radical economic transformation?

So what exactly is radical economic transformation?

Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.

Competition Commission investigates five companies to stamp out price-fixing

Competition Commission investigates five companies to stamp out price-fixing

Commission says investigation into food and agro processing companies is important because of high levels of inequality in SA.

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?