{"id":100860,"date":"2020-09-29T20:14:27","date_gmt":"2020-09-29T20:14:27","guid":{"rendered":"https:\/?p=100860"},"modified":"2020-09-29T20:14:29","modified_gmt":"2020-09-29T20:14:29","slug":"south-african-airways-suspends-operations-until-restructuring-funding-is-found","status":"publish","type":"post","link":"https:\/\/aviacionaldia.com\/en\/2020\/09\/south-african-airways-suspends-operations-until-restructuring-funding-is-found.html","title":{"rendered":"South African Airways suspends operations until restructuring funding is found."},"content":{"rendered":"\n<p>Administrators in charge of <strong>South African Airways (SAA)<\/strong> said on Tuesday that they were suspending all operations and putting the struggling state-owned airline under \u201ccare and maintenance\u201d until funding for a restructuring plan was found, <a href=\"https:\/\/in.reuters.com\/article\/safrica-saa\/update-1-saa-administrators-suspend-all-operations-until-funding-found-idINL8N2GQ5G6\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Reuters<\/a> reported.<\/p>\n\n\n\n<p><strong>See also: <\/strong><a href=\"https:\/en\/2020\/09\/qantas-sells-the-boeing-747-trolleys-full-of-appetizers-for-890-euros.html\">Qantas sells the Boeing 747 trolleys full of appetizers for 890 euros.<\/a><\/p>\n\n\n\n<p>SAA entered a local form of bankruptcy protection in December, after almost a decade of financial losses, and its longstanding woes have been exacerbated by the COVID-19 pandemic.<\/p>\n\n\n\n<p>The administrators published a restructuring plan in June, but the government is yet to come up with the more than 10 billion rand ($590.7 million) needed for it work, despite committing to do so.<\/p>\n\n\n\n<p><strong>See also:<\/strong> <a href=\"https:\/en\/2020\/09\/emirates-will-resume-flights-to-five-cities-in-africa-expanding-its-network-to-92-destinations.html\">Emirates will resume flights to five cities in Africa, expanding its network to 92 destinations.<\/a><\/p>\n\n\n\n<p>\u201cThe 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,\u201d the administrators said in a notice to affected parties.<\/p>\n\n\n\n<amp-auto-ads type=\"adsense\"\n        data-ad-client=\"ca-pub-6613542170464175\">\n<\/amp-auto-ads>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"Administrators in charge of South African Airways (SAA) said on Tuesday that they were suspending all operations and&hellip;\n","protected":false},"author":1,"featured_media":100280,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[1],"tags":[230,437],"class_list":{"0":"post-100860","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-airlines","8":"tag-airline","9":"tag-south-african-airways-2"},"uagb_featured_image_src":{"full":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/09\/South-African-Airways-A340.jpg",800,400,false],"thumbnail":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/09\/South-African-Airways-A340-150x150.jpg",150,150,true],"medium":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/09\/South-African-Airways-A340-300x150.jpg",300,150,true],"medium_large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/09\/South-African-Airways-A340-768x384.jpg",768,384,true],"large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/09\/South-African-Airways-A340.jpg",800,400,false],"1536x1536":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/09\/South-African-Airways-A340.jpg",800,400,false],"2048x2048":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/09\/South-African-Airways-A340.jpg",800,400,false],"pk-small":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/09\/South-African-Airways-A340-80x80.jpg",80,80,true],"pk-thumbnail":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/09\/South-African-Airways-A340-300x225.jpg",300,225,true],"csco-small":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/09\/South-African-Airways-A340-80x80.jpg",80,80,true],"csco-intermediate":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/09\/South-African-Airways-A340-200x140.jpg",200,140,true],"csco-thumbnail":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/09\/South-African-Airways-A340-380x220.jpg",380,220,true],"csco-thumbnail-alternative":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/09\/South-African-Airways-A340-300x180.jpg",300,180,true],"csco-thumbnail-uncropped":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/09\/South-African-Airways-A340-380x190.jpg",380,190,true],"csco-medium":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/09\/South-African-Airways-A340.jpg",800,400,false],"csco-medium-alternative":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/09\/South-African-Airways-A340-560x336.jpg",560,336,true],"csco-medium-uncropped":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/09\/South-African-Airways-A340.jpg",800,400,false],"csco-large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/09\/South-African-Airways-A340.jpg",800,400,false],"csco-large-uncropped":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/09\/South-African-Airways-A340.jpg",800,400,false],"csco-extra-large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/09\/South-African-Airways-A340.jpg",800,400,false]},"uagb_author_info":{"display_name":"Aviaci\u00f3n al D\u00eda","author_link":"https:\/\/aviacionaldia.com\/en\/author\/admin"},"uagb_comment_info":0,"uagb_excerpt":"Administrators in charge of South African Airways (SAA) said on Tuesday that they were suspending all operations and&hellip;","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts\/100860","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/comments?post=100860"}],"version-history":[{"count":1,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts\/100860\/revisions"}],"predecessor-version":[{"id":100861,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts\/100860\/revisions\/100861"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/media\/100280"}],"wp:attachment":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/media?parent=100860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/categories?post=100860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/tags?post=100860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}