PPRuNe Forums - View Single Post - ANOTHER bail-out for SAA!!!
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Old 6th May 2013, 10:48
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Capetonian
 
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SAA borrows R1.5bn to keep going | News | National | Mail & Guardian

The R1.5-billion is working capital to keep operations running while SAA grapples with high fuel prices and its loss-making, long-haul business in a highly competitive market.
Meaning :

The R1.5-billion is working capital so that the fat cat ANC supporting management can keep flying themseleves and their families and friends on SAA's loss-making, long-haul business in a highly competitive market.
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