SAA's Dudu Myeni is excess baggage preventing takeoff

In the real world, it is not that easy to spend money you don't have. Lenders want to see business plans, cash-flow projections, proof of earnings, evidence that any cash they advance will be returned with interest. Such formalities do not appear to exist in the through-the-looking-glass world of SAA chairwoman Dudu Myeni, who since she took the helm of the airline in 2009 has transformed a profit of several hundred million rand a year into a loss for 2013/14 of R2.