SAA's Govt Bailout - National Pride or National Disaster?
South African national carrier, South African Airways, seems well on its way to receiving yet another R5 billion bailout from the government, much to the disapproval of the majority of opposition parties who say the airline should be sold. The airline has been running at a loss for several years and has said it needs over R21 billion to recover.
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South Africa: SAA Set for Another Bailout From Govt
allAfrica, 29 November 2018
South African Airways seems to be well on its way to receiving another bailout after the National Assembly approved a 2018 Special Appropriation Bill, which will allow the national… Read more »
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Africa: SAA Needs R21.7 Billion Just to Stay in the Air Until Mid-2019
Daily Maverick, 28 November 2018
Official discussions are under way about providing the financially troubled SAA with another R9.2-billion by March 2019, Parliament's public enterprise committee heard on Tuesday.… Read more »
InFocus
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Official opposition party the Democratic Alliance has called for the dismissal of South African Airways chair Dudu Myeni over the "planned raid on pensioners' money" to salvage the ... Read more »
