South African Airways suspends all operations due to rising debt

South African Airways announced on September 30, 2020 it has suspended all operations due to mounting debts.

In December 2019 the flag carrier entered reorganization.

From Reuters:

“South African Airways will be put under “care and maintenance” until funding discussions are completed, the airline’s administrators said on Tuesday.

A company’s assets can be put under care and maintenance in order to keep them in good condition when they are not being used.”

South African Airways aircraft6 photo gallery: