SAA needs billions for turnaround strategy – CEO

2013-12-06 15:39

SAA needs billions of rands in government funding and won’t break even for four to five years, chief executive Monwabisi Kalawe has said.

“It’ll take us between four to five years to break even or make a small profit, so when we announce our results we will tell the market that we made a loss again,” said Kalawe.

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