Cemair’s vd Molen on secret SAA bailouts, pilot and engineer emigration and more

Loading player...
Airline entrepreneur Miles van der Molen shares an insider’s perspective of the local aviation sector where SAA continues to fly despite losing a bundle (so who’s funding it?) and how, despite having less than 10 aircraft, the State-owned airline wants to open a route to Brazil. Cemair’s founder and CEO explains the implications of a growing shortage of skills locally after SA pilots and engineers are being sucked into a global industry desperate for staff as volumes return to pre-Covid pandemic levels. He spoke to Alec Hogg of BizNews.
9 Nov 2023 7AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak: Amazon beats Starlink; PIC's Lanseria crisis; Netflix's slowdown; AI's big margins

In today's BizNews Daybreak we dive into Amazon's quiet maneuver past Starlink into South Africa's satellite internet market via Herotel. We also examine the Public Investment Corporation's escalating governance crisis over the Lanseria Airport transaction, alongside policing gaps fueling local pharmaceutical drug crimes. Internationally, we cover SpaceX’s scrubbed Starship launch,…
16 Jul 11PM 15 min

The R3.5 trillion crisis: Why the PIC is under fire

South Africa's Public Investment Corporation is facing its biggest governance crisis in years. With CEO Patrick Dlamini suspended, senior executives resigning, and the Financial Sector Conduct Authority launching a formal investigation, questions over transparency, accountability, and the safety of government workers' pension funds are mounting. DA finance spokesperson Dr Mark…
16 Jul 8AM 34 min