South Africa aiming for new viable airline from SAA business rescue

JOHANNESBURG, April 21 (Reuters) - The South African government will work with trade unions to ensure that a new financially viable and competitive airline emerges from South African Airways (SAA) business rescue process, the public enterprises ministry said on Tuesday.

In a virtual meeting with unions, the inter-ministerial committee on SAA reiterated that the government was not in a position to provide more capital to the state-owned airline, the ministry said in a statement.

SAA entered a form of bankruptcy protection in December, since then it has had to suspend all commercial passenger flights due to the global coronavirus pandemic. (Reporting by Nqobile Dludla Editing by Alexander Winning)