R340m per month costs, less than R100m on the bank.
And interesting read.
http://www.financialmail.co.za/features/2016/07/21/saa-running-on-empty?platform=hootsuite
In a rare break from treasury’s usual silence on SAA, Avril Halstead, a chief director at the department, told the Financial Mail this week that of the total guarantees granted to the airline worth R14.39bn, as much as R14.29bn had been utilised.
And interesting read.
http://www.financialmail.co.za/features/2016/07/21/saa-running-on-empty?platform=hootsuite