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SAA faces losses again; Why inflation targeting is shifting to 3%

The Money Show

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SAA's Financial Turmoil

This chapter delves into the significant financial losses faced by South African Airways, reporting a R354 million deficit for 2024, contrasting sharply with previous profits. It explores various challenges such as aircraft leasing issues, operational difficulties due to rising oil prices, and the ongoing repercussions of the pandemic. The discussion also highlights internal strife among pilots and the implications of government support, all within the competitive landscape of South Africa's aviation market.

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