saa needs money

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  SAA: Please May We Have R6 Billion?

  15 Feb 2012 by Jasmine Stone / 1 Comment

  South African Airways has asked the government, sorry, the taxpayer that doesn’t get a say, for a recapitalisation of about R6 billion to fund operational costs, growth strategy and a fleet renewal for the coming future. Why? Because it would post a loss this financial year if this doesn’t happen, and growth is important.

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