Economics
South African Airways Nears Collapse With Plan to Fire All Staff
- Severance packages offered to 4,700 staff from end of April
- SAA’s commercial passenger routes halted on Covid-19 outbreak
South African Airlines airways aircraft at O.R. Tambo International Airport in Johannesburg.
Photographer: Waldo Swiegers/BloombergThis article is for subscribers only.
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South African Airways plans to lay off its entire workforce after failing to persuade the government to provide more financial aid, a move that threatens to ground the 86-year-old carrier for good.