Final call for SAA rescue as budget looms

A rescue plan for South Africa's flag carrier has yet to get off the ground since the government has not provided promised funding, with the upcoming budget looming as a crucial test for its future. State-owned South African Airways (SAA) had limped along for a decade thanks to regular government bailouts but last December Pretoria decided to let it sink into adminstration in the hopes of a profound restructuring to stanch the flow of red ink and wipe away debts. Administrators axed most… (www.yahoo.com) Más...