Gordhan: SAA can't receive continuous bailouts

JOHANNESBURG - Public Enterprises Minister, Pravin Gordhan, says South African Airways (SAA) can't receive continuous bailouts.

He was responding to Finance Minister Tito Mboweni’s authorisation of another multi-billion rand package for the cash-strapped airline.

READ: SAA gets another bailout

It also comes just days after Mboweni called for SAA to close down.

The national carrier is around R14-billion in debt.

Source
eNCA