SAA's business rescue practitioners have their work cut out plotting a new course for the embattled airline as they face yet another funding crisis.

Tomorrow's cabinet meeting will hopefully provide a clearer picture of what is envisaged for SAA. On Wednesday night the cabinet issued a statement saying it had directed public enterprises minister Pravin Gordhan to prepare a report on SAA for discussion at its meeting on Monday. This follows the government's rejection of a request from the business rescue practitioners for a minimum R7.7bn in funding...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now