South African Express

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South African Express Airways SOC Ltd, known as South African Express or simply SA Express, is a state-owned airline based in South Africa that started operations on 24 April 1994. Although the airline is operationally independent of South African Airways, its flights are incorporated within the strategic alliance with South African Airways. The airline has its head office at Airways Park, Jones Road, next to O.R. Tambo International Airport in Kempton Park, Ekurhuleni, Gauteng.[1]

Corporate affairs

Ownership

The holding company is South African Airline Holdings (Proprietary) Limited,[2] which is wholly owned by the Government of South Africa.

Business trends

Over recent years, South African Express was loss-making, figures that had been made available were disputed, and the previously published accounts were withdrawn in November 2011 after accounting errors were discovered that dated back several years.[3] Fuller reports are now being published, and available figures (for years ending 31 March) are:

2009 2010 2011 2012 2013
Turnover (Rm) 1,857 n/a 1,640 2,022 2,296
Net Profits/Losses after tax (Rm) * −186.9 −365.9 0.7
Number of employees (at year end) 839 n/a 1,026 1,090 1,136
Number of passengers (m) 1.5 1.4 1.6 1.5
Passenger load factor (%) 67 64 61 65
Number of aircraft (at year end) n/a 24 24
Notes/sources [2][4] [3][5] [6] [6]

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; the financial statements for 2012–13 were audited, but received a qualified audit opinion.[6]

Destinations

Map of the South African Express network
SA Express Bombardier Dash 8 Q400 in 2013
 Botswana
 Democratic Republic of the Congo
 Namibia
 South Africa
 Zambia
 Zimbabwe

Fleet

As of October 2015, the South African Express fleet consists of the following aircraft:[11]

SA Express Bombardier CRJ200ER in 2011
Aircraft In Service Orders Passengers Notes
Bombardier CRJ200ER
10
50
Bombardier CRJ700
4
70
leased from Horizon Air
Bombardier Dash 8 Q400
10
78
Total 24 0

See also

References

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External links

  1. "Legal." SA Express. Retrieved on 6 February 2011. "Street Address: 4th Floor Offices, West Wing, Pier Development, Johannesburg International Airport"
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  7. 7.0 7.1 http://www.fin24.com/Companies/TravelAndLeisure/SA-Express-takes-on-Airlink-20130927
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