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WATCH: What business rescue means for SAA
SAA board member Martin Kingston talks to Business Day TV about what lies ahead for the airline
06 December 2019 - 10:47
SAA has been placed under business rescue. The decision was taken unanimously by its board in the hope of creating a better return for the company’s creditors and shareholders.
The Treasury and lenders will provide the state-owned carrier with R4bn to facilitate the business rescue process. ..
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