Jul 14, 2020 SOURCE: AFP
Creditors approve S.Africa's SAA rescue deal as 2,700 jobs shed
Creditors of South Africa's flag carrier SAA approved Tuesday a restructuring plan for the cash-strapped airline in a deal that will cost some 2,700 jobs, the government said.
Loss-making South African Airways (SAA), one of the continent's largest airlines, was placed under a state-approved rescue plan in December in an...
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