yamindinda
JF-Expert Member
- Jul 29, 2011
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SAA reports almost R2bn in losses
JOHANNESBURG – South African Airways (SAA) is in a dire financial state.
Treasury has released SAA’s fourth-quarter financial results.
It shows the company has lost R1,84-billion, with international sales declining by 11 percent and domestic revenue by 21 percent.
JOHANNESBURG – South African Airways (SAA) is in a dire financial state.
Treasury has released SAA’s fourth-quarter financial results.
It shows the company has lost R1,84-billion, with international sales declining by 11 percent and domestic revenue by 21 percent.