South African Airways (SAA) has officially announced the appointment of Professor John M. Lamola as its Group Chief Executive Officer. The move was heralded by the Board as a pivotal moment for the national carrier’s future.
This confirmation was endorsed by the South African Minister of Transport, Ms. Barbara Creecy.
It signals a strong vote of confidence in Professor Lamola’s ability to steer SAA towards sustained profitability and global competitiveness.
Confirmation of New CEO
The SAA Board, led by Interim Chairperson Mr. Derek Hanekom, expressed its support for Professor Lamola. They highlighted his proven track record and deep understanding of the airline’s complexities.
Having served as interim CEO since May 2022, Professor Lamola has demonstrated exceptional leadership, navigating SAA through a period of significant transformation.
“Professor Lamola’s appointment marks a turning point for SAA’s long-term financial health,” stated Mr. Hanekom. “His skill, leadership, and vision are precisely what SAA needs to ensure its continued growth as a viable regional, continental, and global aviation operator.”
Guiding SAA’s Return to Profitability
One of Professor Lamola’s most notable achievements during his interim tenure was guiding SAA back to profitability. The airline reported a net profit of R252 million in the 2022/23 financial year, a remarkable turnaround after a decade of losses.
This financial resurgence was further underscored by a significant increase in revenue, jumping from R2 billion in 2021/22 to R5.7 billion in 2022/23.
Beyond financial recovery, SAA has experienced substantial operational growth under Professor Lamola’s leadership. The airline has expanded its route network from six destinations in 2021 to 16 by January 2025, demonstrating a renewed commitment to connectivity.
Fleet and Personnel Growth
Furthermore, the fleet has grown from six to 20 aircraft, including the addition of two Airbus A330s, enhancing SAA’s capacity and reach.
This expansion has also translated into job creation. SAA’s workforce has increased from 800 to approximately 2,000 employees, including 140 pilots, reflecting the airline’s growing operational footprint. This surge in employment contributes significantly to South Africa’s economic landscape.
A recent study commissioned by SAA from Oxford Economics Africa reinforces the airline’s positive economic impact.
The study projects that SAA’s gross value add (GVA) to South Africa’s GDP will rise significantly. It estimates a rise from R9.1 billion in 2023/24 to a staggering R32.6 billion by 2029/30. This growth is expected to create a substantial number of jobs, increasing from 25,200 in 2023/24 to 86,700 by 2029/30.
Moreover, SAA’s activities are projected to generate significant government revenue. This is expected to increase from R1.1 billion in 2023/24 to R4.4 billion by 2029/30. These figures underscore SAA’s crucial role in driving economic growth and contributing to the national treasury.
Extensive Industry Experience
Professor Lamola’s extensive experience in the aviation industry further solidifies his credentials. He previously served as CEO of Denel Aviation and held a board position at the Airports Company South Africa.
His academic background, including a PhD in philosophy and religious studies from Edinburgh University and an MBA from Embry-Riddle Aeronautical University, provides him with a unique perspective and strategic acumen.
“Professor Lamola can now continue growing SAA with confidence,” Mr. Hanekom affirmed. “We congratulate him on his appointment and wish him well in his leadership of SAA.”
The Board’s unwavering support, coupled with Professor Lamola’s proven leadership and strategic vision, positions SAA for a promising future.
South African Airways resurgence signifies not only its own revitalization but also its vital role in contributing to South Africa’s economic prosperity.
As SAA continues to expand its operations and enhance its services, it is poised to reclaim its position as a leading force in the global aviation industry.
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