Administrators in charge of South African Airways (SAA) announced on Tuesday that they were suspending all operations and putting the struggling state-owned airline under “care and maintenance” until funding for a restructuring plan was found.
The Government is yet to deliver on its commitment of R10-billion.
“The BRPs (administrators) have made a decision to suspend all the airline operations with immediate effect and are pursuing a process to put the airline under care and maintenance until funding discussions are completed,” the administrators said in a notice to affected parties.
All existing cargo and repatriation flights will be undertaken. No new ones will be accepted,” a spokeswoman for the administrators told Reuters.