South African Airways revenue up 35.9% in FY2025
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Background ✨
South African Airways recorded revenue of ZAR7.0 billion and a net loss of ZAR354 million in FY2023/24, citing exogenous factors such as elevated fuel and leasing costs as well as aircraft delivery delays. CEO John Lamola stated this period marked a transition to "structured and strategic reconstruction" with a focus on governance, management, fleet modernisation, and network expansion1 2. The airline reported notable passenger volume growth and market share gains in Dec-20253.