Johannesburg – 6 February 2026
South African Airways (SAA) has reported a R155-million net profit for the year ended 31 March 2025, with the airline itself recording a R30-million profit, marking continued financial recovery.
The results were announced at the SAA Annual General Meeting in Johannesburg, where audited financial results for the 2024/25 financial year were accepted by Transport Minister Barbara Creecy.
SAA generated revenue of R8.838-billion, a 35.89% increase from the previous year. The airline ended the financial year with no interest-bearing debt and maintained a stable financial position.
Operational growth also continued, with approval to expand the fleet to 21 aircraft. By the end of the financial year, 14 aircraft were operational, serving 16 destinations, while the airline currently operates 19 aircraft across 17 routes. During the period, SAA resumed flights to Perth and launched new routes to Lubumbashi and Dar es Salaam.
This marks the second consecutive profitable year since SAA exited business rescue in 2021.
SAA Group CEO Professor John Lamola said the results reflect progress towards long-term stability, supported by improved governance, fleet modernisation and network expansion.
SAA Board Chairperson Sedzani Faith Mudau said the board will focus on strengthening governance and improving audit outcomes to secure long-term sustainability, while Minister Creecy congratulated the airline and reaffirmed government’s support for its continued stabilisation and growth.
The results signal steady progress in rebuilding South Africa’s national carrier and strengthening the country’s aviation sector.
