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SA Government Could Bail Out Tempemail Airline to the Tune of $1.2-Billion | Tempemail – Blog – Emails

Sourced from Shutterstock. The administrator’s running South Africa’s embattled national airlines SAA propositioned the government to provide a R21-billion ($1.2-billion) bailout to help repay debt and resume operations after COVID-19 travel bans are lifted. This new plan includes about R17-billion that will go into repaying South African Airways creditors, according to Bloomberg. Afterwards, as much […]