‘Wings far from clipped’: SAA CEO says airline doesn’t need R3.5 billion injection

SAA celebrates a year of returning to the skies next month and may not look to the department of public enterprises for more money – yet. The airline responded to rumours that it was losing between R50 million and R500 million every month. The Democratic Alliance (DA) MP Alf Lees also speculated that SAA may need another bailout of about R 3.5 billion this year. ALSO READ: Will SAA-Takatso deal finally take off? Professor John Lamola, chair and chief executive of SAA, said: “The narrative that the R3.5 billion is another injection is a typical mischievous and disingenuous anti-SAA rhetoric….

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