Theres never really any clarity as to why SAA continues to bleed profusely . Poor inept leadership is one thing but why is the business of SAA sooo bad .? If we look at Qantas which operates in a similarly disadvantaged geographical distance from the main and profitable routes of the northern hemisphere they lost 28Billion rand in 2014 . However this was clearly due to writedowns and retrenchment of 10% of the staff But its clear why they lost that much and now theyre back in the black .Leasing aircraft which you are servicing to the tune of 3.5 billion a year is one thing that I dont understand but what as an outsider can gather it just seems theres such a lack of wanting to make money at this institution because theres the fail safe that govt will bail us out .Everytime . From the top to the bottom .
SAA needs to be sold off and listed to give it a kick forward , capital injection and bring in people who know how to run a business and not a dog show .