The cash-strapped carrier could sell shares to the public as it seeks ways to end years of losses and reduce the need for bailouts, according to people familiar with the matter.

SAA has already spent R3 billion of the R5bn it was given | IOL Business Report

Vuyani Jarana has said that SAA has spent R3 billion of the R5bn that was given to the airline in the medium-term budget policy statement.

R3 billion of SAA’s R5 billion bailout already spent: CEO

South African Airways CEO Vuyani Jarana says that the airline can be saved, and it is on track and on budget for its turnaround strategy – all he needs is time.