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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.

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SAA on a high following DBSA cash injection via SABCNewsOnline

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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

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 »