Carol Paton Writer at Large

SAA, whose future hangs in the balance after a crippling strike, is determined to remain open for business, but will go through a "radical restructuring process" to survive, says the department of public enterprises.

The airline’s board and executive committee have been locked in intense discussions with the department and the Treasury over the past week in an effort to secure a loan guarantee of at least R2bn in order for it to continue trading.

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