High Court dismisses Airlink’s attempt to recover funds from SAA
South African private sector airline Airlink has acknowledged the decision of the Johannesburg High Court, regarding the carrier’s application against the State-owned South African Airways (SAA). Airlink was seeking to recover about R890-million from SAA, but the Court dismissed its application.
“Airlink respects the Court’s decision, it is after all the duty of the company’s leadership to explore every available avenue to recover the funds,” said Airlink CEO and MD Rodger Foster. “Meanwhile, we will continue to focus on growing Airlink as an independent, financially robust, commercially vibrant, competitive and sustainable airline.”
Airlink made the application to the Court last year. The R890-million came from ticket sales, through SAA, for Airlink flights, which took place before SAA went into business rescue (on December 5, 2019). Airlink, although a totally independent company, was, at that time, a franchisee of SAA.
Subsequent to SAA entering business rescue, Airlink, which was founded in 1992, ended its franchise arrangement with the State-owned carrier. It then rebranded and relaunched itself with its own distinct and independent identity. For its success in doing so, it was recently declared the winner of the Africa and Middle East category in the 2023 FlightGlobal-Korn Ferry Airline Strategy Award.
In just three years the airline has created an entirely new route network, which now covered 45 destinations across South, Southern and East Africa, as well as Madagascar and St Helena Island. It has established partnerships with 34 airlines, and has code-sharing agreements with five of them, including some of the world’s major intercontinental carriers.
Today, it possessed a fleet of more than 60 Embraer jets, and operated more than 75 000 flights a year. According to Airports Company South Africa data, the carrier’s on-time performance consistently exceeded 95%.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Tractor & Grader Supplies (TGS™): Your Trusted, Genuine Source for New Replacement Parts for Earthmoving, Construction and Mining Machinery
VISIT SHOWROOM
FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
