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SA Government To Replace South African Airways

 

South African Airways continues to make loses, according to report.

South African Airways is due to be replaced by a new airline.

The South African Government made this known.

South African Airways’ fall according to aviation news portal, Aerotime, was accelerated by the coronavirus pandemic.

Report says South African Airways has recorded no profit since 2011, and that it is heavily indebted.

Its survival was made possible due to cash injections into its operations by the South African Government, according report.

The airline, according to report, has in the three years, more than $1.1 billion financial support from the Government.

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