A man cycles past aircraft in the SAA fleet parked at OR Tambo International Airport. Picture: Getty Images
SAA is insolvent, with liabilities exceeding assets by about R15bn. It has received R5.5bn in bailouts from the Treasury in 2019, as well as an undertaking to repay R9.2bn in historic debt. One of SA's top travel insurers, Travel Insurance Consultants, confirmed on Friday that it had withdrawn the insolvency cover benefit on all SAA tickets.
Just as well!
So those tourists we always meet at the airports are ghost bakithi?
Hhe banna 🙆♂️ 🙆♂️ 🙆♂️
They will lie with straight faces in a bid to make sure their plan to replace SAA with their new airline becomes a reality.
They need me.
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