South African government bails out SAA

Credit: Wikimedia
The South African government has had to step in to pay a looming loan repayment from South African Airways (SAA) to prevent the national carrier from defaulting. The move follows a $350 million bailout by the government, which had to provide guarantees for the airline in 2016. In a statement, the...
Alan Dron

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

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