SAA looks at terminating aircraft leases to fund rescue plan

Brugman said there was short-, medium- and long-term funding required to implement the plan.

She said the remaining portion of the short-term funding required by the company had not yet been made available and the business rescue practitioners had engaged tirelessly with government to ensure that it was made available timeously. She added that the practitioners would advise those affected on September 17 about progress on the funding.

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