Development Bank Gives South African Airliner Emergency Funding

South African Airways has burnt through R2 billion of funding in less than 60 days, writes Daily Maverick's Sasha Planting. Instead of the agreed-upon U.S.$137 million, U.S.$239 million has been secured to keep the struggling airliner in operation, funded by the Development Bank of SA.

A South African Airways Airbus landing at Munich Airport (file photo).

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