An African version of Alitalia, no need to worry though, the government will just write out another cheque.
There are too many snouts in the trough to allow the gravy train to come to a halt. All the kickbacks, overpriced contracts and jobs for the boys mean that the politicians will simply declare it as a strategic national asset which must be kept going in the public interest.
Any bailout funds will certainly include a percentage to be routed into private bank accounts.