Originally Posted by
PVDtoDEL
I didn't realise that SA was in eminent danger of going under - it's been unprofitable for as long as I can remember, so I'm curious what makes it more likely that SA will cease ops in the next month than it has been in the past decades...
Lack of confidence in their ability to remain a financially viable concern and calm labor unrest has accelerated in the last three weeks or so. A few days ago some insurers that write travel insurance have refused to issue new policies to cover losses related to SAA.
https://www.theglobeandmail.com/busi...ravel-insurer/