Aviation: South African Airways Gets Another Bailout, SAA May Be Privatizing

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Cash-strapped South African Airways has been granted a $347 million bailout in addition to the $1.04 billion that taxpayers have already paid to keep the airline going, and it could be getting funding in the form of a strategic equity partner, Eyewitness News reported. The bailout comes with conditions that the airline cuts costs. SAA is expected to achieve financial […]

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