South African Airways returns to intercontinental market amid financial doubts

  • 📰 BBCAfrica
  • ⏱ Reading Time:
  • 7 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 61%

Aviation News

South African Airways,Intercontinental Market,Financial Viability

South African Airways is back in the intercontinental market but faces doubts about its financial viability. It may be sold to a private consortium. The airline's handling of finances has recently been criticized by the country's public spending watchdog.

South African Airways, once a giant of African aviation, is back in the intercontinental market but faces doubts about its financial viability. It may be on the verge of a sale that would see a private consortium take a majority share in the business.

However, its handling of finances has recently come in for severe criticism by the country's public spending watchdog.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 23. in US

United States United States Latest News, United States United States Headlines