The airline’s outstanding government guaranteed debt is R6.4-million and the treasury says there are no new guarantees to mitigate future risks to the fiscus
Employees at the embattled state-owned airline have been forced to take leave as SAA cancels all flights during South Africa’s lockdown
The business rescue practitioners say 29 of the fleet of 48 planes, various routes and inefficient services also need to go in the state-owned airline is to survive