State to fork out R26bn for new SAA
Business rescue plan details retrenchments, repayment of funders and restart costs
16 June 2020 - 22:29
The business rescue plan for SAA, which was published on Tuesday night, envisages a restructured airline that will begin flying in the near future due to a new bailout from the government.
It is envisaged that the new company will employ 1,000 of the existing staff with the remainder retrenched...
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