South Africa to open up for international travel from October 1, says President

SAA is under a form of bankruptcy protection and battling for its survival.

State-owned SAA entered a form of bankruptcy protection in December and is fighting for its survival.

SAA is among several South African state entities including power company Eskom that are mired in financial crisis.

SAA is running short of cash after the government failed to provide two billion rand ($138 million) of emergency funding it promised

SAA will be reviewing further possible flight schedule amendments over the coming days

Air transport agency projects Africa’s carriers will continue loss-making streak this year amid mounting challenges.

SAA is running out of cash and could be liquidated if the government doesn’t give it additional guarantees soon, a board member said on Wednesday.

Hundreds of SAA flights have been cancelled

South African Airways’ future is hanging in the balance after its workers went on strike on Friday to demand higher wages and protest planned job cuts

SAA said it had started consultations with its more than 5,000 staff and was talking to labour unions.

SAA has not made a profit since 2011 and last week delayed the release of annual earnings

South African Airways’ CEO Vuyani Jarana has resigned after less than two years in the job