in Air Transport / People

SAA in search of new leadership team

Posted 18 July 2019 · Add Comment

Johannes Bhekumuzi Magwaza, chairman of South African Airlines,will be leaving the loss-making carrier at the end of the month.

Public Enterprises Minister Pravin Gordhan said that Magwaza (pictured right) – who headed the airline since 2017 – had quit for personal reasons.
He follows CEO Vuyani Jarana who quit in June, saying his turnaround strategy for the loss-making airline was being undermined by a lack of state funding and too much bureaucracy.
Zukisa Ramasia has been appointed as acting chief executive whose first job was to secure aircraft to enable SAA to continue its long-haul offerings.
She signed leases for two Airbus A350-900s which will be replacing old A340s on the long haul flights such as Johannesburg to New York. They should begin service during the next four months.
The airline – which is rated in the top 100 in the world – has not made a profit since 2011.
“The introduction of these state-of-the-art aircraft to our fleet is an important step-change as we continue to make progress to transform our business and return the airline to financial sustainability in the shortest time possible," she said.
SAA is currently using executive search to shortlist for a permanent CEO while President Cyril Ramaphosa who last month announced a plan to introduce reforms in state-owned firms, including SAA, in a bid to get them back on the right track economically, will lead the hunt for a new chairman.
 

* required field

Post a comment

Other Stories
Advertisement
Latest News

International players behind Libya’s drone war

Strikes are taking place every day in Libya’s deadly drone war. In the first conflict where unmanned aerial systems (UAS) are making up the bulk of the air operations, both sides have successfully attacked opposition aircraft. Alan

African airlines’ traffic climbed 1.8% in October

The International Air Transport Association (IATA) announced global passenger traffic data for October 2019 showing that demand (measured in total revenue passenger kilometers or RPKs) climbed 3.4% compared to the year-ago period.

SAA to enter into business rescue

South African Airways (SAA) has announced that the Board of Directors of SAA has adopted a resolution to place the company into business rescue at the earliest opportunity.

Just the ticket for tourism - or is it?

A new agreement among African states seeks to link the growth of air transport and tourism – but more has to be done to improve the continent’s aviation infrastructure. Alan Dron reports.

Air Senegal receives second A330neo

Air Senegal has taken delivery of its second A330neo. Anuradha Deenapanray Chappard reports.

African freight carriers see fastest growth of any region in October

The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), decreased by 3.5% in October 2019, compared to the same period in 2018.

AVMENA20 SK1309100620
See us at
AVMENA20 BT1309100620AVAFA20BT2207050320