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South African Airways: desperate attempt to save the carrier

The government would not favor a new State loan

South African Airways is trying to renegotiate debts to avert bankruptcy. To succeed in this arduous task, the country's president Cyril Ramaphosa is trying to convince the government of Pretoria to intervene by financing the operations through a State loan, but there are many doubts since the airline is considered synonymous with corruption and inefficiency, but -as reported by the "Financial Times"-...

M/A - 1217628
Pretoria, South Africa, 01/08/2019 16:57
AVIONEWS - World Aeronautical Press Agency

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