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    SAA Hints at Sale of Heathrow Slots

    Eunniah
    By Eunniah Mbabazi
    - February 14, 2020
    - February 14, 2020
    African Wall StreetAviation
    SAA Hints at Sale of Heathrow Slots

    There is a possibility that South African Airways (SAA) will sell its landing slots at London’s Heathrow Airport, a move that seeks to help it attain financial stability, as it continues with the struggle to remain in business.

    Currently, the airline has two night-time landing slots at Heathrow, which are valuable because they provide passengers with favorable arrival times. However, if the airline shifts its London-Johannesburg flights to a cheaper daytime schedule, the plane could be turned around within two hours, thus eliminating a longer, more costly layover.

    However, SAA is yet to provide an official announcement regarding the sale.

    If the sale happens, this will not be the first time the airline is pulling such a move. Fin24 reports that in 2012, SAA sold one of its exclusive landing slots at Heathrow after cancelling its direct Cape Town to London flights.

    Just recently, the airline announced cutting some of its routes, both international and local, as well as laying off close to 900 staff.

    See Also:

    South African Airways to Reduce Destinations

    South African Airways To Layoff 18% of its Workforce

    The Kenyan Wall Street

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