National Wire About Nigerians, Nigerian Business and Other Stories
South African Airways faces bankruptcy
South African Airways (SAA) is on the edge of bankruptcy, information made available to the country’s parliament has revealed. According to the BBC, “The national carrier may soon be unable to pay salaries”, adding, “The cash-flow statement shown to MPs and seen by the BBC paints a picture of an airline haemorrhaging cash”. It says that matters may improve by …
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