South African Airways running out of cash as unions seek to expand strike

November 20, 2019 admin Business News Comments Off on South African Airways running out of cash as unions seek to expand strike

South African Airways (SAA) is running out of cash and could be liquidated if the government doesn’t give it additional guarantees soon, a board member said on Wednesday, as trade unions threatened to escalate a crippling strike.

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Source:: Reuters – Business News