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SAA to receive additional funding from government
South African Airways will receive additional state funding after Chief Executive Officer Vuyani Jarana resigned over what he said was a lack of government support for the loss-making carrier.
Finance Minister Tito Mboweni included the country’s flagship airline on a list of companies that will get support from the country’s contingency reserve account.
[Bloomberg]
South African Airways will receive additional state funding after Chief Executive Officer Vuyani Jarana resigned over what he said was a lack of government support for the loss-making carrier.
Finance Minister Tito Mboweni included the country’s flagship airline on a list of companies that will get support from the country’s contingency reserve account.
[Bloomberg]