South African Airlines to receive another government bailout

Credit: Rob Finlayson
South African Airways (SAA) is in line for another government bailout as part of a restructuring initiative aimed at restoring profitability by 2020-21. More cash is also in the works for regional carrier SA Express. Presenting his Medium-Term Budget Policy Statement to the South African parliament...
Alan Dron

Based in London, Alan is Europe & Middle East correspondent at Air Transport World.

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.