Rescue Plan Approved for Embattled South African Airline

The Department of Public Enterprises has urged pilots to accept South African Airways' voluntary severance packages. This comes as a majority of the embattled airliner's creditors voted in favour of the SAA business rescue plan and allow commercial banks to be paid the U.S.$113.6 million owed to them.

(file photo).


AllAfrica publishes around 800 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.