South African Airways administrators gets 1.3b rand from government
Administrators at national airline South African Airways received 1.3b rand ($85.36m) from the Department of Public Enterprises last week, a spokeswoman for the administrators said on Wednesday. The money would be used to pay accepted and signed voluntary severance packages, employees who accepted a three-month back pay deal, and post-commencement creditors, spokeswoman Louise Brugman said.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2021-01-28/star/south-african-airways-administrators-gets-1-3b-rand-from-government
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South African Airways administrators gets 1.3b rand from government
Administrators at national airline South African Airways received 1.3b rand ($85.36m) from the Department of Public Enterprises last week, a spokeswoman for the administrators said on Wednesday. The money would be used to pay accepted and signed voluntary severance packages, employees who accepted a three-month back pay deal, and post-commencement creditors, spokeswoman Louise Brugman said.<br/>