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.
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