South African Express Airways is an airline based in South Africa. Although the airline is operationally independent of South African Airways, its flights are incorporated within the strategic alliance with Airlink and South African Airways. South African Express started operations on 24 April 1994. The airline has its head office on the fourth floor of the West Wing of the Pier Development on the grounds of OR Tambo International Airport in Kempton Park, Ekurhuleni, Gauteng.[1]
Corporate affairs [edit]
Ownership [edit]
The holding company is South African Airline Holdings (Proprietary) Limited[2], which is wholly owned by the Government of South Africa.
Business trends [edit]
South African Express has been loss-making over recent years; figures that had been made available were disputed, and the previously-published accounts were withdrawn in November 2011 after accounting errors were discovered that dated back several years.[3] Available figures (for years ending 31 March) are:
|
2009 |
2010 |
2011 |
2012 |
| Turnover (Rm) |
1,857 |
n/a |
1,640 |
|
| Net Profits/Losses after tax (Rm) |
* |
|
−186.9 |
|
| Number of employees (at year end) |
839 |
n/a |
|
|
| Number of passengers (m) |
1.5 |
|
|
|
| Passenger load factor (%) |
67 |
|
|
|
| Number of aircraft (at year end) |
n/a |
|
|
|
| Notes/sources |
[2][4] |
|
[3] |
|
Profitability figures for 2008–09 are not shown above(*), as they are believed to have been restated since the publication of the Annual Report.[3] Revised figures for 2010–11 are from press reports in April 2013; audited figures for 2012–13 were expected in August 2013.
Destinations [edit]
Map of the South African Express network
Botswana
Democratic Republic of the Congo
Mozambique
Namibia
South Africa
Zambia
Zimbabwe
As of December 2012, the South African Express fleet consists of the following aircraft with an average age of 8 years:[7]
See also [edit]
References [edit]
External links [edit]
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Russia and the CIS regional office
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