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South African govt cuts off funding to airline

  • BBC News
  • Apr 15, 2020
  • 1 min read

The South African government has refused a request from the beleaguered national carrier for $500m (£400m) worth of emergency funding.

South African Airways now faces liquidation, with the possible loss of 5,000 jobs.

The airline has not turned a profit since 2011 and has received more than $1bn worth of bailouts over the past three years.

It has suspended most domestic and international flights because of the coronavirus pandemic.


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