South African Airways (SAA) “cannot continue in its current form” and will need a “radical restructuring,” the country’s minister of public enterprises Pravin Gordhan said Dec. 2. The state-owned airline has been losing money for years and has only been kept afloat by a series of cash infusions from the government. It last made an annual profit in 2011. Gordhan made clear recently that the government could spare no further funds for the carrier, which has been ...


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