Ricochet News

SAA: new planes to arrive in second half of 2016

By Charl Bosch - Dec 29, 2015
SAA: new planes to arrive in second half of 2016

Airbus has reportedly confirmed it would start supplying planes to troubled national carrier, South African Airways (SAA), during the second half of 2016.

“The next stage is for us to sit with the airline to spec out the aircraft and then we can watch the production and start deliveries in the second half of next year,” Airbus spokesperson Linden Birns was quoted by Eyewitness News as saying.

The announcement comes after Treasury last week approved the airline’s agreement with the French firm for the leasing of five A330-300 models, instead of the previous planned purchase of ten smaller A320’s.

It also meant that SAA would forego the paying of a R603-million pre-delivery fee after its controversial chairperson, Dude Myeni, earlier this year called for amendments to the contract, which was subsequently rejected by then Finance Minister Minister Nhlanhla Nene.

The disagreement was alleged to have been a contributing factor in Nene being fired by President Jacob Zuma on December 9th, and replaced by little known African National Congress (ANC) MP David van Rooyen followed four days later by former Finance Minister Pravin Gordhan.


IMAGE sourced from amanainvestments.com