bailout | Infrastructure news


SAA plane

Scopa reveals SAA is in dire straits

South African Airways (SAA) is in discussions with treasury for another cash injection of approximately R5 billion for the 2018/19 financial year. This emerged from submissions by SAA CEO Vuyani Jarana at a meeting of Parliament’s standing...
SAA plane

SAA cuts flights by 23%

South African Airways (SAA) plans to retire five aircrafts, reducing its flights by 23%, by the end of the year as part of a revamp aimed at getting the national carrier out of the red. According to a presentation by SAA executives submitted to...