South African Airways (SAA) reported a R155 million net profit for the year ended 31 March 2025, the airline said as it presented audited results at its annual general meeting on 6 February 2026, reports Cape {town} Etc.
The SAA Group generated R8.8 billion in revenue for FY2024/25. A 35.9% year-on-year increase from R6.5 billion the previous year, SAA the airline returned a R30 million profit for the period.
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Cash and cash equivalents at year end stood at about R1.967-million, with no interest-bearing borrowings reported.
During the year the shareholder approved a fleet increase to 21 aircraft, 14 were in service by 31 March 2025 serving 16 destinations.
The airline now flies 19 aircraft across a diversified 17-route network that includes resumed services to Perth and new links to Lubumbashi and Dar es Salaam.
Group CEO Professor John Lamola said:
‘These results demonstrate that SAA is on course for a bright future. We are continuing to implement plans on aircraft fleet modernisation and route network expansion aimed at the elevation of customer experience.’
Chairperson Sedzani Faith Mudau added the board will strengthen governance and work to restore public trust.
The Transport Minister, Barbara Creecy, welcomed the milestone, saying the shareholder would continue to support SAA’s stabilisation and disciplined implementation of approved plans.
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Picture: @flysaa / X
