South African Express

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Not to be confused with African Express Airways.
South African Express
IATA ICAO Callsign
XZ EXY EXPRESSWAYS
Founded 24 April 1994
Hubs O.R. Tambo International Airport
Secondary hubs Cape Town International Airport
Focus cities King Shaka International Airport
Alliance Star Alliance (affiliate)
Fleet size 24
Destinations 19
Parent company Government of South Africa
Headquarters O.R. Tambo International Airport
Kempton Park, Ekurhuleni, Gauteng, South Africa
Website flyexpress.aero

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was loss-making, figures that had been made available were disputed, and the previously published accounts were withdrawn in November 2011 after accounting errors were discovered that dated back several years.[3] Fuller reports are now being published, and available figures (for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

  1. ↑ "Legal." SA Express. Retrieved on 6 February 2011. "Street Address: 4th Floor Offices, West Wing, Pier Development, Johannesburg International Airport"
  2. ↑ 2.0 2.1 Lua error in package.lua at line 80: module 'strict' not found.
  3. ↑ 3.0 3.1 3.2 Lua error in package.lua at line 80: module 'strict' not found.
  4. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  5. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  6. ↑ 6.0 6.1 6.2 Lua error in package.lua at line 80: module 'strict' not found.
  7. ↑ 7.0 7.1 http://www.fin24.com/Companies/TravelAndLeisure/SA-Express-takes-on-Airlink-20130927
  8. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  9. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  10. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  11. ↑ Lua error in package.lua at line 80: module 'strict' not found.

External links

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