South African Airways trims deficit

Credit: Rob Finlayson
South African Airways (SAA) reduced its losses for the 2012-13 financial year, but remains heavily in the red. SAA announced a pre-tax loss of R1.2 billion ($107 million) at its annual general meeting, compared to R1.4 billion last time. Net profit/loss figures were not released. Revenue in “a...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.