Party pushes for SAA to stay national : The Standard

• Reuters 23rd Jan 2020 00:00:00 GMT +0300

South African Airways (SAA) should be retained as a national airline but requires substantial restructuring, the governing African National Congress party’s Secretary-General Ace Magashule said yesterday. SAA is running short of cash after the government failed to provide two billion rand ($138 million) of emergency funding it promised when the airline entered a form of bankruptcy protection last month. “We emphasise at this point that SAA should be retained as a national airline...,” Magashule said.

Do not miss out on the latest news. Join the Standard Digital Telegram channel HERE.

Related Topics

South African AirwaysSAA