FlyerTalk Forums - View Single Post - SAA's financial woes
View Single Post
Old May 21, 2020, 1:42 pm
  #235  
johan rebel
FlyerTalk Evangelist
 
Join Date: Oct 2000
Posts: 14,352
Originally Posted by thijsseh
Oh PLEASE. Not AGAIN....

How many respirators can you buy for 3.8 Billion Rand?
Only 3.8bn? You wish!

"SAA’s allocations for 2021-22 and 2022-23 were also announced, at R4.3bn (€218.67m) and R1.7bn (€86.47m) respectively. Tlhakudi said R164m (€8.34m) had been put aside for SA Express for the current fiscal year"

Source

You also just gotta love this:

"The [Public Enterprises] committees also told the department that, in their view, the appointed business rescue practitioners for SAA and SAX had not provided solutions for the challenges that faced the two airlines"

Good grief! Maybe those committees should just take over and run the airlines themselves, then?

Johan
johan rebel is offline