web analytics

South African Airways Transfers Planes to Its Low-Cost Carrier in Another Restructuring Bid

By Arabile Gumede, Bloomberg

Bloomberg

South African Airways aircraft. The airline has made a loss in each of the last six years. Bloomberg

Skift Take: South African Airways seems to be in a perpetual state of restructuring. CEOs have come and gone at an alarming rate as the losses keep accumulating. Setting a break-even goal of three years is incredibly optimistic.

— Patrick Whyte

Read the Complete Story On Skift

…read more

From:: Skift

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>