NEWS ANALYSIS: Huge funding hole between SAA and take off

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South Africa Headlines News

Even to settle its old obligations the airline still needs another R3.5bn, so being ‘solvent and liquid’ by the end of March seems highly unlikely

The SAA business rescue practitioners have recently declared their intention to complete all processes by the end of March, leaving the airline “solvent and liquid”.

 

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Obviously anything Jamnadas touches turn to shit after all he is an anc card carrier! Maybe his attending pilot school in the interim!

Don't know how SAA is going to fly without pilots... maybe they'll hire some taxi drivers?

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 /  🏆 12. in ZA

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