SOUTH African Airways is expected to reveal headline earnings of about R500m, after a loss of R735m last year. This according to an article which appeared in the Sunday Times. It alleges that the airline is expected to show a R1bn turnaround and an increase in its bank balance from R2bn to R4bn when it announces (this Thursday) its results for the year ending March 20. TNN will bring you an update on this story on Thursday following the results announcement. (Miguel de Sousa)
SAA back on the road to profit?
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