News
Trulli
A South African Airways A340-600. (Photo: Konstantin von Wedelstaedt [GFDL 1.2 (http://www.gnu.org/licenses/old-licenses/fdl-1.2.html) or GFDL 1.2 (http://www.gnu.org/licenses/old-licenses/fdl-1.2.html)], via Wikimedia Commons)

South African Airways Posts Seventh Straight Loss, Shows Uncertain Future

South African Airways (SAA) is facing an uncertain future after reporting its seventh straight loss for the latest fiscal year 2017-18. The 5.7 billion rand (445 million dollars) loss, a figure more than double that expected, is the largest since the airline reported a 6.1 billion rand (476 million dollars) loss result in 2015 and follows the  5.6 billion rand (437 million dollars) loss reported last year. South Africa is facing enormous challenges as a country with President Jacob Zuma’s time…