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South Africa to inject $620 million to rescue SAA
**Nation seeks viable, sustainable, competitive carrier The South African Government has concluded plans to support and source for funding for a business rescue plan for South African Airways (SAA) which will result in the emergence of a new viable, sustainable, competitive national airline. In a statement issued by the country’s Department of Public Enterprises on July 16, 2020 says it welcomes the commitment by the National Treasury for government’s rescue of the loss…
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