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[ Top Story ]September 25, 2018 12:02 pm ET
South African Mulling Asset Sale to Stay Afloat
South African Airways is yet again looking for help as the airline attempts to get out of its financial hell hole from years of being unprofitable. The carrier, who has taken numerous government cash injections to stay afloat, is currently on what they call the “2021 Path to Profit” in hopes of making South African self-sustaining. However, the flag carrier must now find ways of making money without accepting cash as banks refuse to lend any further loans to the…