November 27, 2019 / 3:12 PM / 12 days ago

South African government says working to ensure SAA's survival

JOHANNESBURG, Nov 27 (Reuters) - South Africa’s public enterprises ministry said on Wednesday it was working with struggling state airline South African Airways (SAA) to ensure that it could continue to operate.

SAA suffered a crippling strike this month which pushed the airline to the brink of collapse.

“The strike at SAA with consequential cancellation of bookings has resulted in a sudden deterioration of SAA’s financial position,” the ministry said in a statement. “The Department of Public Enterprises is working together with SAA to urgently formulate immediate actions ... to enable SAA to carry on its business.” (Reporting by Alexander Winning; editing by David Evans)

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