South African Airways said it will realize "significant cost savings" following renegotiation of several service contracts and grounding of two of its six 747-400s, with the remainder to follow in the coming months. "In just over three months since the approval of our business plan, we are beginning to realize some of its objectives which will place us on the road towards financial sustainability," GM-Operations Chris Smyth said (ATWOnline, July 4). SAA listed renegotiated ground handling ...

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