South Africa: SAA Aims to Break Even in 2021, Despite the Projected R7.2bn Loss in Next Two Years

analysis

SAA executives say they have a plan. The airline will be restructured into three units, although differently from Eskom, with a new focus on innovation and profitability. It just needs to get out of the woods first.

South African Airways (SAA) has hired a slew of top executives since Vuyani Jarana was appointed CEO in 2017 with the basic aim of turning the airline around and finally turning a profit.

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