Can you believe this, the SAA requests R4bn government bailout, their ‘wings’ needs to be clipped NOW

JOHANNESBURG – South African Airways (SAA) appointed its head of operations as acting chief executive on Friday and said it needs R4-billion from the government to survive the current financial year and allow it to renegotiate loan terms with banks. Read More …

BREAKING NEWS:- SAA has already eaten through more than half of its R5 billion bailout

South African Airways seems to be a bottomless pit. South African Airways (SAA) has already spent more than half of its recently approved R5 billion government bailout.