SAA’s profit mirage: Over R133 billion in bailouts and the shaky return to profit
Getaway Magazine | 27.03.2026 17:24
For decades, South African Airways (SAA) has been the nation’s most expensive state-owned enterprise. Since 2000, South Africa’s taxpayers have poured over R145 billion into state airlines, with SAA alone swallowing R133.3 billion—more than 90% of the total spent on all state carriers.
