South African Airways Edging Towards Collapse

After a series of unfortunate events, and years of operating losses, South African Airways is edging towards a total collapse faster than ever. Having received almost $4 billion in bailouts since 1994, and last earning a profit in 2011, South African Airways has been clinging on by a thread. Recent news about staff pay, employee strikes, flight cancellations and sales cuts may be the final blow for the airline. When South African Airways employees staged a week-long strike last month, … Continue reading South African Airways Edging Towards Collapse