The SAA meltdown: a hard lesson in the costs of indecision
Bad calls result in what amounts to a privatised, inefficient enterprise
When alarms are raised that SA is just one wrong turn away from reaching out for an international bailout package, those raising the alarm do so in the hope that the greater fear of a loss of sovereignty will spur the government into action. Because that loss of sovereignty is not yet a clear and present danger, they are quickly dismissed for being alarmist.
In the tale of South African Airways (SAA), whose future is delicately poised as it cuts back on domestic and international flights, the state is perhaps receiving a hard lesson in the costs of its continuous indecision...