Cash-strapped SAA will have to fork out R1.1bn to its rival Comair to settle a decade-old competition case, with taxpayers most likely having to foot the bill.
The national airline, which has still not submitted its 2017/18 financial statements to parliament, is one of several state-owned enterprises, including Eskom, Denel and the SABC, which are relying on a government bailout to stabilise their parlous finances.
If you are already a subscriber, please click on the following link to go to the full article: Taxpayers likely to foot SAA’s R1.1bn Comair bill
If you would like to subscribe to BusinessLIVE to read the full story, please click here.
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.