SAA the beginning of the end??
Very interesting rumour doing the rounds around down town Cape Town - with SAA's assets very much less than their liabilities (don"t be fooled - any bean-counter can fiddle the books to make figures look profitable - ask various bean-counters in the states how to do it!!!!!) and with the current strike and management not too worried about it, (note the CEO being out of town !!), it is being considered to declare the airline bankrupt and shut it down.
Then they will restart another (low-cost) airline, but taking people on their terms at considerably less salaries.....................
Sounds interesting.................