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[kev0856153] 19/4/2020 11:26

montyhedge18 Apr '20 - 09:12 - 16519 of 16530
No one with any sense, won't get on a plane,


montyhedge - The moron's moron.

[waikenchan] 19/4/2020 10:01

Does anybody know if iag have preference / convert able share options to purchase?

[milliecusto] 19/4/2020 09:40

https://www.bbc.co.uk/news/uk-politics-52328756

[carter633] 18/4/2020 21:36

Agree whole heartedly - there will be a surge of summer bookings should it become a possibility in the next month or so , with tons across the EU trying to get away post lockdown.

[smithys2019] 18/4/2020 20:02

Bad news for SAA, great news for
IAG and their extensive Joberg, Cape Town and Durban Routes. Writing on the wall for years with SAA due to extensive alleged fiddling of the books.

[loganair] 18/4/2020 19:59

The biggest thing South Africa needs as a market is domestic and regional connectivity, since that’s not covered well by that many airlines. However, there are already some competitors, like Comair.

South Africa might not actually get a new long haul airline, because the country is pretty well covered in that regard:

The Gulf carriers all fly to South Africa, offering connectivity to all parts of the globe.

Most major European airlines fly to South Africa, also offering good connectivity.

Ethiopian Airlines is a powerhouse in Africa, so we could see them increase connectivity to South Africa, so you can get to most points in the world in one stop.

[loganair] 18/4/2020 19:52

South African Airways (SAA) is offering severance packages to its entire workforce of around 5,000 workers, a proposal by the airline’s administrators showed, after the government said it wouldn’t provide more funds for rescue efforts.

According to the proposal employees would see their employment terminated by mutual agreement on April 30. They would be entitled to one week’s pay for every year of service, one month’s pay in lieu of notice pay and pay for outstanding annual leave.

The proposal said it seemed “unlikely that the company will be successfully rescued as a result of the business rescue process”.

“In order to make payment of the severance packages ... the company is required to sell and dispose of its assets,” it added.

The talks with unions were originally about job cuts, but one union involved said they had developed into a discussion about winding down the airline.

[waikenchan] 18/4/2020 19:06

Will be interesting to see what happens with delta and southwest Airlines next week.

[npp62] 18/4/2020 17:22

Disagree. I think there'll be plenty of people waiting to get away for some sun as soon as they are able to.

[m1k3y1] 18/4/2020 16:42

Bloomberg
South African Airways Nears Collapse With Plan to Fire All Staff

[thesageofsaint] 18/4/2020 09:31

No one with any sense would take a shot of a vaccine they don't need for a virus that is being used to front a coup. Wake up and stop suggesting you are sensible because you cannot look or see further than your narrow indoctrinated delusions.

[thesageofsaint] 18/4/2020 09:29

And you would offer up your right arm for a shot of Bill Gate's powereade just so you can get on a plane again. The world is lost! You will willingly give up the last vestiges of basic human freedoms for a bit of first world business as usual. Wake up Monty old chap. Stop sucking in the BBC bs and open your eyes.

[montyhedge] 18/4/2020 09:12

No one with any sense, won't get on a plane, or go to a football match, cinema etc, until a vaccine.

[loganair] 17/4/2020 22:00

Aircraft grounded for a duration of between 1 and 3 months, and requiring about 150 hours of work spread over 3 phases:


Initial storage, the longest phase, which involves protecting the aircraft and getting it ready for storage, and notably includes:

The installation of tarps and panels to block all the air vents where insects or animals could come and nest.

The obstruction of the engines or blocking of the fan blades, depending on the aircraft type.

A thorough cleaning of critical zones such as landing gear and hydraulic systems

The lubrication of the landing gear and wing components.

Checks on humidity levels.


Recurrent operations, whose frequency depends on the aircraft type and the manufacturer’s recommendations, comprising:

Checks to ensure the protections in place are in good condition.

Visual inspections of the aircraft and system checks.

Moving the aircraft over a distance of a few metres to alleviate the stress on the tyres or rotating of the wheels without moving the aircraft, using a jack.

Switching on the engines and APU (auxiliary power unit).


Initial removal from storage, which paves the way for the aircraft’s return to service. This phase involves up to 2 days of work removing the different protective equipment set up around the aircraft and checks to ensure that everything is in correct working order ready to resume flight operations in compliance with the company’s procedures and regulatory requirements.

[m1k3y1] 17/4/2020 18:31

An opportunity for Comair maybe ? certainly with regard to routes I would have thought.

[loganair] 17/4/2020 17:52

One of Africa’s oldest airlines moved a step further towards disappearing after the South African government turned down an appeal for further funding.

South African Airways (SAA), which was founded in 1934, has been in the country’s “business rescue” process since December 2019. Business rescue is a form of bankruptcy protection and involves external administrators taking control of a company and trying to restructure it so it can emerge as a viable entity.

It added: “Scopa has held numerous meetings with both SAA and the minister on this matter and believes that the airline has reached the end of its rope. It is unfortunate that the real casualties of this situation will be the workers of the airline who are forced by this situation to be unemployed.”

The prospect of several thousand staff being made redundant from the airline, a national symbol, is a political hot potato for the government. However, the country’s budget is under considerable strain.

[loganair] 17/4/2020 17:46

Chinese airlines are considering buying embattled Virgin Australia after the Morrison government refused to bail out the struggling airline.

China Southern Airlines, China East Airlines and Air China are all in discussions about purchasing the carrier in a last-minute takeover in a bid to stop its 'catastrophic' collapse.

[hamhamham1] 17/4/2020 15:01

Willy said he's staying on to get through this, Silver Stag I find it hard to believe you found that article but missed the numerous later ones ;)

I'm fact, what was your google search? Any search I do for Willy or retirement, brings up loads about him staying on on the first pages, little about leaving.

[carter633] 17/4/2020 09:58

Most airlines are planning for mid-June when their operations start to get back to a decent percentage of their pre-coronavirus normal.Jet2 for e.g. have cancelled all trips/flights/holidays until the middle of June as it stands

[devilsprofessor] 17/4/2020 09:27

Just come across this article; (basically it's about Emirates plans to test passengers prior to boarding)https://thepointsguy.co.uk/news/emirates-coronavirus-testing-passengers/?tid=editorial&utm_source=TPG%20UK%20Curated%20Daily%20Newsletter&utm_medium=email&utm_campaign=1154090&utm_usr=2ddcc3b0-134b-4d8e-892c-57b611651cf8&utm_msg=81ebfa65aec44b1ab83ce85967b8cd4b&utm_date=2020-04-17

[arai] 16/4/2020 22:17

US Global Jets EFT down 6.63 %

[nw99] 16/4/2020 21:22

Airlines hammered in the US

[m1k3y1] 16/4/2020 20:12

EasyJet says ‘bookings for winter are well ahead of the equivalent point last year’

[loganair] 16/4/2020 19:34

Shares in Aer Lingus-and British-Airways-owner IAG were little changed even as British Airways became the first major European carrier to lose its investment grade status amid the Covid-19 pandemic after Fitch cut its credit rating one notch to junk.

The downgrade shows the huge financial stress airlines are facing amid the Covid-19 crisis and comes as EasyJet -- Ryanair’s main rival -- said it will sell some of its planes to ensure it can get through the storm.

British Airways is unlikely to recover its end-2019 capacity level until 2023, according to Fitch’s baseline forecast.

EasyJet, which is Britain’s biggest discount airline, said it had borrowed £400m (€505m) against its jet fleet, and may raise £550m more from selling planes to leasing firms.