South African Airways is on the verge of bankruptcy
South African Airways is on the verge of bankruptcy, according to information given to the country's parliament. The national carrier may soon be unable to pay the salaries of staff and crew.
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August 3, 2017 -
If the airline gets a £45 million bailout from the government, the situation might improve by October. But the airline forecasts a cash outflow of £38 million in December.