SAA on a high following DBSA cash injection - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

SAA has not made a profit since 2011 and has had more than R20 billion in bailouts over the last three years.

The airline says the money will also give stakeholders of the airline and partners comfort that the rescue process is on a significantly sounder footing.

SAA on a high ANC pockets higher where is this flight going?

Till next month

On a high my ass....

They'll be back on a begging trail 6 months down the line. So, there's nothing to be excited about.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

DBSA comes to the rescue of SAAThe cash-strapped airline was placed into voluntary business rescue late last year. Who authorized that?...Tito or cyril? So the DBSA not investing in development Sell it, privatise it, you will save more jobs! Where are the funds coming from?
Source: eNCA - 🏆 49. / 51 Read more »

SAA gets R3.5bn emergency funding from state-owned bank | IOL Business ReportCash-strapped SAA will receive R3.5 bn of emergency funding from the Development Bank of Southern Africa, the airline's business rescue practitioners said. ? HOW DO YOU PAY IT BACK Rescue...... We as South Africans will need to be rescued after this.... Worse decision ever made... What could that money have saved at Eskom?
Source: IOL - 🏆 46. / 51 Read more »

SAA gets emergency funding from development bankCash-strapped state carrier South African Airways (SAA) will receive R3.5bn of emergency funding from the Development Bank of Southern Africa, the airline's business rescue practitioners said on Tuesday. They should just buy SAA. We thank the Lord If all we can get funders easily as SAA🤔
Source: SowetanLIVE - 🏆 13. / 63 Read more »