Airline

SAA government funds exclude lessor debt

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SAA government funds exclude lessor debt

Administrators for South African Airways (SAA) have indicated that debts to lessors and other suppliers are not covered by the R10.5 billion government bailout. The R10.5bn has been earmarked for “initial commitments”, while R1.7bn owed to lessors and R600 million to creditors from before the ai...

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