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South African Airways suspends all operations due to rising debt

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South African Airways announced on September 30, 2020 it has suspended all operations due to mounting debts.

In December 2019 the flag carrier entered reorganization.

From Reuters:

“South African Airways will be put under “care and maintenance” until funding discussions are completed, the airline’s administrators said on Tuesday.

A company’s assets can be put under care and maintenance in order to keep them in good condition when they are not being used.”

South African Airways aircraft6 photo gallery:


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