Saa Financial Troubles

latest news & developments

The national carrier SAA emerged from three years under business rescue in April last year, thanks to a R10.4 billion bailout. However, it is still grappling with the effects of a turbulent history marked by financial distress, operational problems and allegations of mismanagement. (Delwyn Verasamy/M&G)

AIRLINE INDUSTRY POST COVID

Is South Africa’s aviation sector headed for a crash?

Low capital, fuel prices and cash-strapped consumers are hampering recovery

Aarti Bhana