SAA still needs financial assistance - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

SAA still needs financial assistance via SABCNewsOnline

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Unbundling of SAA aimed at ensuring its financial sustainability: Tlali - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.South African Airways (SAA) Spokesperson Tlali Tlali says the unbundling of the state-owned airline is aimed at ensuring its financial sustainability.
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[LISTEN] SAA says not unbundling, but changing business modelSAA spokesperson Tlali Tlali explains that what is happening at the airline is different from what is happening at Eskom and guards against confusing the two.
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SAA to appeal Comair fine - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Supreme Court of Appeal in Bloemfontein is expected to hear the matter between SAA and Comair. The High Court in Johannesburg ordered SAA to pay more than R1 billion in damages to Comair for anti-competitive conduct, however, SAA is appealing the verdict.
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WATCH: SAA secures R3.5bn cash injectionSAA will remain a single entity but will be broken into three separate business units as part of a restructuring plan.
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SAA secures R3.5bn in funding to keep afloat until JuneThe cash-strapped airline has made significant strides in its turnaround strategy, says CEO Vuyani Jarana, but its heavy debt is still a major challenge
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SAA to be split into threeSAA is to break into three business units as part of a restructuring plan.
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SAA to split into three units as part of turnaround driveStruggling state-owned airline SAA, will reorganise into three business units as part of a revamp plan that could also involve the partial sale of its catering unit, its chief executive officer said on Monday.
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