SAA to announce annual results tomorrow

South African Airways (SAA) will announce its Annual Financial Results for the 2013/2014 Financial Year tomorrow. Acting CEO, Nico Bezuidenhout, will present the financial results for the year ending March 2014 and will give an update on progress with implementation of its 90 Day Action Plan, the airline confirmed in a statement. SAA has recently been given a financial lifeline by the government, which approved an additional R6.488 billion guarantee last week enabling the airline to finalise its annual financial statements for 2013/14 and hold its annual general meeting (AGM) tomorrow (January 30, 2015).