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South Africa Cuts Off Funding Line to State-Owned Airline

  • South African Airways in administration after years of losses
  • Funding halt a victory for finance minister’s austerity drive
South African Airways On Brink Of Collapse
Photographer: Waldo Swiegers/Bloomberg
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South African Airways has been denied any further funding by its government owner as the national carrier looks for ways to recover from the coronavirus crisis and a local form of bankruptcy protection.