South African Airways, which revealed a major restructuring initiative this week, is being offered the opportunity to reverse its financial situation but has been warned it will not be backed indefinitely by the national government, which owns the troubled carrier. Government officials "want SAA to succeed, but they're not prepared to babysit SAA," CEO Khaya Ngqula conceded to South Africa's Business Day. He said the airline needs to take a more businesslike approach and depend less on the ...

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