Streaming issues? Report here
Phushaza Sibiya 702 Gradients Phushaza Sibiya 702 Gradients
The Jukebox
22:00 - 00:00
volume_up
volume_mute

The Jukebox
22:00 - 00:00

Home
arrow_forward
Business

'If SA Express goes down, South Africans start saving money'

28 August 2019 7:03 PM
Tags:
Tito Mboweni
The Money Show
Bruce Whitfield
SA Airlink
SA Express
SA Express grounded
Guy Leitch
SA flyer Magazine
SA Express financial woes
SA Express is in trouble. If it goes bust, taxpayers will save billions. Bruce Whitfield talks to Guy Leitch (SA Flyer Magazine).
FILE: A general view of an SA Express plane. Picture: Facebook.com.

If we lose SA Express, we start saving money as taxpayers.

Bruce Whitfield, The Money Show

SA Express on Wednesday abruptly cancelled several flights across the country, citing operational reasons.

The company wouldn’t comment on claims that it owed Airports Company South Africa millions of rand.

It will issue a detailed report to the media explaining what caused the cancellations.

The Money Show’s Bruce Whitfield interviewed Guy Leitch, Managing Editor at SA Flyer Magazine.

Listen to the interview in the audio below (and scroll down for more quotes from it).

It was given a R1.5 billion bailout by Government… the airline is bleeding money… it asked for an immediate R200 million just to get back in the air again… The whole operation is unsustainable…

Guy Leitch, Managing Editor - SA Flyer Magazine

I think SA Express has had its day…

Guy Leitch, Managing Editor - SA Flyer Magazine

These routes are vital to the country’s economy, but SA Airlink is in place to take over…

Guy Leitch, Managing Editor - SA Flyer Magazine

SA Express is the one in trouble. SA Airlink is doing very well, thank you.

Guy Leitch, Managing Editor - SA Flyer Magazine

Enjoy The Money Show, but miss it sometimes?

Get the best bits emailed to you daily, right after it ends:


28 August 2019 7:03 PM
Tags:
Tito Mboweni
The Money Show
Bruce Whitfield
SA Airlink
SA Express
SA Express grounded
Guy Leitch
SA flyer Magazine
SA Express financial woes

More from Business

101167622-1759886180818799-401925019539603456-njpg

This Pretoria restaurant is giving new flair to the roadhouse concept to survive

4 June 2020 8:16 PM

Anelda Martin is the owner of the Goddess Cafe in Pretoria and she is looking to revive the roadhouse.

Share this:
Read More arrow_forward

missionjpg

Oceana Group defers interim dividend payout due to Covid-19

4 June 2020 7:26 PM

Oceana fishing has deferred their interim dividend payout due to Covid19, but says all is well.

Share this:
Read More arrow_forward

180417-psl-relegationedjpg

The reasons why Absa is ending PSL sponsorship

4 June 2020 6:46 PM

Absa is ending its R140m a season sponsorship of SA’s Premier Soccer League (PSL), after a 13-year relationship.

Share this:
Read More arrow_forward

US President Donald Trump in New York 2017 123rfpolitics 123rf

Trump is battered by crisis after crisis ahead of elections - is this the end?

4 June 2020 6:37 PM

Covid-19 and race riots - is President Donald Trump's re-election campaign collapsing?

Share this:
Read More arrow_forward

8a258830-d0ff-49c1-8a4e-f9475828040c.jpg

'Government should look at aiding the entire aviation industry'

4 June 2020 5:11 PM

Airlines Association of Southern Africa chief executive Chris Zweigenthal says the airline revenue went to zero overnight.

Share this:
Read More arrow_forward

151007BrianHabana-gif.gif

Shapeshifter: Springbok-turned-businessman, Bryan Habana

3 June 2020 8:18 PM

Former Springbok Bryan Habana about where he is at this point of his career.

Share this:
Read More arrow_forward

download-20jpg

Skynamo is positioning its sales solution to help reps work safely in the field

3 June 2020 7:18 PM

Skynamo is a Field Sales management and productivity app used by manufacturers, distributors and wholesalers.

Share this:
Read More arrow_forward

123rf A pile of two hundred rand notes, South African currency money

How long before everyone has access to financial services

3 June 2020 7:15 PM

Only 54% of South Africans had a bank account in 2004, the goal is to make that 90% by 2030, where are we now.

Share this:
Read More arrow_forward

Lockdown levels South Africa Covid-19 coronavirus 123rf

Government has two weeks to overhaul lockdown regulations

3 June 2020 6:42 PM

Government has two weeks to overhaul lockdown regulations they say were put in place to curb the spread of the coronavirus, or win an appeal.

Share this:
Read More arrow_forward

vertical-logopng

University of Pretoria launches free National Support Portal for SMMEs

2 June 2020 7:45 PM

The University of Pretoria's Centre for Entrepreneurship has launched a free National Support Portal for SMMEs.

Share this:
Read More arrow_forward