SAA looking for R16 billion to keep flying

Scooby_Doo

Executive Member
Joined
Sep 4, 2005
Messages
9,081
I only hope that all the banks club together and decide not to support SAA as a show of support against the ANC government.
 

Ockie

Resident Lead Bender
Joined
Feb 16, 2008
Messages
52,925
I only hope that all the banks club together and decide not to support SAA as a show of support against the ANC government.

If a bank touches SAA right now then they need to have their heads examined. Standard Bank has already knocked on the SAA office door looking for their money on a loan.
 

j4ck455

Executive Member
Joined
Jan 2, 2006
Messages
7,503
SAA also wants to start drawing down the amount within two weeks of signing the loan agreement, it said.

Does Dudu Myeni's envisaged drawdown involve lots of different coloured crayons (especially when she writes out all of the big numbers for #1)?

Prediction: incoming loan from Bank of Guptastan.
 

TEXTILE GUY

Honorary Master
Joined
Oct 4, 2012
Messages
16,294
Modern SA heroes :

Nene
Madonsela
Pravin
(amongst others)

I add JZ to that list. He has done wonders in the last elections ..................................... for the opposition.

The DA should send him a T shirt and membership card at least.
 

ToxicBunny

Oi! Leave me out of this...
Joined
Apr 8, 2006
Messages
113,505
If a bank touches SAA right now then they need to have their heads examined. Standard Bank has already knocked on the SAA office door looking for their money on a loan.

I think due to regulations etc banks actually legally can't touch saa atm.
 

ChocolateBadger

Expert Member
Joined
Mar 16, 2009
Messages
3,826
Ground the lot. Fire the board and lock up the corrupt. This country does not need an airline. South Africans benefit 0% from SAA.
 
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