CAPE TOWN, May (ANA) - Trade union Solidarity on Friday said that it was pressing ahead with its court application to have the financially distressed South African Airways (SAA) placed under business rescue.
This follows after the government announced that the SAA will receive a further capital injection of R5 billion.
According to the union, this R5 billion boost serves as confirmation that SAA is not a going concern.
"At best, this step is a short-term one, merely sticking a plaster on a problem, and it will be paid for by the taxpayer," the union said. "The same pattern is merely repeating itself. Doing more of the same will not save the SAA."
- African News Agency (ANA)
