SAA to take business rescue route
Public enterprises minister Pravin Gordhan says that this is the best way of avoiding a disorderly implosion of the airline
04 December 2019 - 19:44
UPDATED 04 December 2019 - 22:53
SAA is to be placed in business rescue, the government announced on Wednesday.
The move comes after a week of speculation on the airline’s future, which is loss-making and has been unable to raise funding to continue operations.