Firstly the last bit of state assistance may have been in the form of a guarantee but for oh so many years SAA's annual pilgrimage with begging bowl in one hand and yet another 'turn around' plan in the other has been rewarded with the ca-ching sound of my tax money.
Ah yes, a guarantee is of course completely different to a bailout. When the hopelessly insolvent airline defaults shortly then what? Also why should that dog show get funding at a preferential rate which they then spend in a price war with the competition.
Anyway, not long to wait before another years abysmal results are published along with the pathetic excuse as to why the hole is ever deeper. Word in the ether is that they even they might find this years loss to be embarrassing.
Divinehover, I hope you hang on to your job at SAA, life in the real world will be a difficult adjustment.