SAA Needs Billions In Loan Guarantees To Survive

South African Airways needs around $4.6 billion in private funding to restructure and renew its inefficient long-haul fleet, but cannot count on direct government money as part of the rescue plan. South Africa’s newly appointed Public Enterprises Minister Lynne Brown stated that while the government...
Jens Flottau

Based in Frankfurt, Germany, Jens is executive editor and leads Aviation Week Network’s global team of journalists covering commercial aviation.

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.