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CLARA MOSCHINI

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The situation of the South African Airways carrier

Financial crisis, rescue blocked by the pandemic, relaunch, no liquidation

The South African Airways (SAA) faces a serious financial crisis; the rescue is compromised by the pandemic period which has effectively blocked most flights since last March 26. The crisis period, already prior to Covid-19, was in the process of being restored and a rescue plan was ready, but the latest uncertainties due to the coronavirus have neutralized all the efforts proposed to the government...

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AVIONEWS - World Aeronautical Press Agency
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