(Reuters) - State-owned South African Airways announced on Monday it was embarking on a restructuring plan in a bid to return to profitability within 18 months.
SAA said the move, which involves spinning off non-flight operations into seven subsidiaries, was expected to result in a 2.7 billion rand turnaround over the next 12 to 18 months.
Read more at Reuters Africa
SAA said the move, which involves spinning off non-flight operations into seven subsidiaries, was expected to result in a 2.7 billion rand turnaround over the next 12 to 18 months.
Read more at Reuters Africa
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