SAA’s visitor traffic grows three-fold, and the airline remains profitable without government bailouts, focusing on African routes.
SAA’s visitor numbers surge thanks to key direct flights, while the airline sustains profitability without government bailouts or external funding.With state bailouts dried up and a private share partner, Takatso’s deal that failed many moons ago, will South African Airways’ innovations help it raise its head above the profitability waters?
In addition to Perth, Australia, further expansion is envisaged for London and New York. But the overseas expansion was slowed by the fact that additional aircraft were required.“Our overseas plans have slowed down, we are delaying the implementation of the expansion on that side. The most important issue here is that in whatever we are doing in our expansion programme, we have not asked the government for money,” Hanekom said.
According to Lamola, SAA is executing a business plan that allows the airline to thrive from revenues generated from its operations.
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