South Africa Says Life Support to Ailing SAA Is Limited
- SAA handed to administrator with 2 billion-rand govt bailout
- Government finances are already stretched by Eskom woes
South African Airways aircraft in Johannesburg.
Photographer: Waldo Swiegers/Bloomberg
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South African Airways can’t keep counting on bailouts after the government pledged 2 billion rand ($137 million) of support to keep it operating, public enterprises minister Pravin Gordhan wrote in South Africa’s Sunday Times.