Reuters reports that South African Airways (SAA) said on Monday that its flights to all destinations were operating normally, after talks over the weekend on a bailout plan for the state carrier ended with no solution.  

Government officials are scrambling to work out how they can provide R2 billion they promised when SAA entered business rescue last month.  The airline’s business rescue practitioners held talks with the government at the weekend to try to find a solution on the funding gap.  But as of Sunday evening, no solution had been found, a person briefed on the talks indicated.  Last week, a senior trade union official said SAA might have to suspend some flights and delay salary payments if the government did not come up with a plan to provide the R2 billion soon.  SAA said in a statement:  “Flights to all its destinations continue as normal.  Where there may be flight schedule amendments, such operational changes will be managed and communicated in accordance with the industry norms.”  On Sunday, the public enterprises ministry said it was talking with the National Treasury to raise funds for SAA.

• Read the original of the above report at EWN
• Read too, Public Enterprises, SAA, issue assurances to the country about the airline, at Engineering News

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