Creative accounting!
Years ago I attended an SAA luncheon for the travel trade. There were a couple of speeches by the top brass. One thick VdM announced that : "Whilst in the last quarter of last year we lost R55 million Rand, we are pleased that in the first quarter of this year, we can announce a deficit of R120 million Rand." I know it doesn't make sense, that is what he said.
I was sat next to a routes director, who told me that : "We are going to Honolulu for our holiday, we always go there, we like that part of the Caribbean."
Since those days, nothing has changed, the incompetence, nepotism, and inefficiency remain the same, just that those in charge are of a lower reflective index and have names like Nqula instead of van der Merwe.