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South African Airways Can’t Pay Staff On Time, But Says It Doesn’t Need Another Bailout
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South African Airways Can’t Pay Staff On Time, But Says It Doesn’t Need Another Bailout

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South African Airways is delaying salary payments for some employees for the second consecutive month, while insisting it has a viable strategy and will not ask for another government bailout. When an airline has to choose between paying its operating bills and paying its pilots on time, it’s difficult to take those assurances seriously.

South African Airways Delays Salaries As Cash Pressure Mounts

View From The Wing highlights that South African Airways is again confronting questions about whether its recovery is financially sustainable. The immediate problem is payroll.…

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