SAA says significant progress with action plan

Johannesburg - Two-thirds into SA Airways' "90-day action plan", there has been significant progress in returning it to relative stability, the airline said on Monday.

"The strong implementation progress that is being made on the 90-day action plan has seen tangible steps taken to fundamentally change SAA in financially quantifiable ways," acting CEO Nico Bezuidenhout said in a statement.

"While it is business unusual at SAA, the implementation of the 90-day action plan has seen immediate beneficial commercial decision-making on the one end, while cost-compression measures have been substantially tightened to ensure that the business returns to relative stability."