South Africa’s ailing national airline on Thursday announced plans to close almost all its domestic services and some international flights, the latest bid to save cash after a spree of cancellations.
Flag carrier South African Airways (SAA) has failed to make a profit for more than a decade and gets by on government bailouts.
Debt-ridden and strapped for cash, it was placed under a state-approved rescue plan in December following a week-long strike that pushed it to the verge of collapse.
The business administrators have since cancelled more than one hundred flights in an attempt to streamline services and conserve funds.
