PPRuNe Forums - View Single Post - South African Airways. The end.
View Single Post
Old 1st Jun 2020, 19:46
  #60 (permalink)  
Typhoon Tripacer
 
Join Date: Jun 2010
Location: Egypt/ UK
Posts: 23
Received 0 Likes on 0 Posts
I can't post links but Bloomberg have a piece today headlined "The administrators running South Africa's embattled national airline proposed the government provide a 21 billion rand ($1.2 billion) bailout to help repay debt and resume operations after the lifting of Covid-19 travel bans".

The article suggests the money has been budgeted by the government. Has SAA escaped again to blow further billions over the next year.
Typhoon Tripacer is offline