S.Africa’s struggling carrier SAA to cut flights to ease cash flow

January 30, 2020 admin Business News Comments Off on S.Africa’s struggling carrier SAA to cut flights to ease cash flow

Cash-strapped state carrier South African Airways (SAA) said on Thursday it would “cancel and consolidate selected flights” to lower costs, days after it received a 3.5 billion rand ($244 million) government bailout to ease a mounting cash-flow crunch.

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Source:: Reuters – Business News