So, SAA is saved. Is it worth it, and what next?

July 15, 2020 at 08:00 am

The DA says that after spending mountains of money on SOCs, Transnet cannot run a railway network, Eskom cannot produce enough electricity, SAA cannot fly, Denel is insolvent and the Land Bank has defaulted. — The DA says that after spending mountains of money on SOCs, Transnet cannot run a railway network, Eskom cannot produce enough electricity, SAA cannot fly, Denel is insolvent and the Land Bank has defaulted. (SAA)

SAA’s creditors have given the stricken airline’s revised business rescue plan the green light.

This means the business rescue team can finally move forward with a restructure.

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