BUSINESS MAVERICK : New, but still old SAA waits in the wings at the cost of R4.6bn

To launch the new airline, government will shell out at least R4.6-billion, according to the SAA draft business rescue plan. This is over and above the R22-billion in government bailouts that SAA has received since 2009 – it last turned a profit in 2011. ...

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Published By: dailymaverick - Monday, 1 June