South African Airways has cash to pay January salaries - rescue experts
- Country:
- South Africa
Specialists appointed to try to turn around struggling South African Airways (SAA) said on Friday that the airline had saved enough cash to pay January salaries.
"The business rescue practitioners and management have taken various actions to ensure that cash is conserved. As a result, we have sufficient funds to pay January salaries," business rescue specialists Les Matuson and Siviwe Dongwana said in a statement.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- South African Airways
Advertisement