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Old Feb 15, 2020, 6:39 am
  #169  
TheCanuckian
 
Join Date: Mar 2016
Programs: AC SE
Posts: 1,506
Originally Posted by thijsseh
Yes, they 'owned' three slot pairs, but when they discontinued the CPT/LHR/CPT route, they sold one.
Undoubtedly selling a slot pair raises a lot of cash for SAA, but it is exceedingly difficult to get one back as they are seldom for sale (and if they are, the price is sky high). So if they sell one, they kill one LHR rotation more or less forever.
Of course the whole issue may be moot if the airline goes bang in the end. At least then they can sell both pairs to raise some cash to pay off a few creditors....
Why did they own three? Did they once have (or dream of having) twice-daily flights between LHR and JNB? I suppose they are now holding on to the second as they dream of reviving the CPT-LHR route?
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