South African Airways (SAA) has cancelled some domestic flights between its Johannesburg hub and Cape Town and Durban, and some international flights to Munich, the state airline said, as it fights for its survival. SAA is running short of cash after the government failed to provide $137 million of emergency funding it promised when the airline entered a form of bankruptcy protection last month. The airline is one of several South African state entities, including power company Eskom, mired in financial crisis after nearly a decade of mismanagement.
SOURCE: REUTERS AFRICA
More Stories
Botswana and Cape Verde Moved to Level 3- High Risk
10 Best Experiences in Kenya
South Africa Relaxes Travel Restrictions
These Upscale Resorts are Ideal for Anyone Craving Time in Nature
Astronomical Tourism has Become Famous in Egypt
Raising Awareness on Environmental Issues in Zimbabwe through Creativity
Fast Track to a Modern Senegal
The Cape Verde Rapper with a Feminist Message
French Gallerist Cecile Fakhoury on The Contemporary African Art Scene
8 Queer-Owned African Fashion Brands to Check Out For Pride
Tunisian City Attracts a New Type of Tourist
DYK that the Green Point Lighthouse is the Oldest Operational Lighthouse in South Africa?