South African Airways in limbo as bailout doubts persist

City A.M. | Dec 4, 2019 at 2:55 PM
  • Time is running out for South African Airways (SAA), as the embattled carrier hopes for a bailout from South Africa’s government.
  • SAA operates flights to and from London Heathrow.
  • It has emerged that South Africa’s finance minister, Tito Mboweni, would prefer the airline to be shut down rather than stump up the cash, rendering a government support package far from a certainty.