Chief Executive of South African Airways, Vuyani Jarana, has been reported in local media that the state-owned airline is to break into three business units as part of a restructuring plan – domestic, regional and international business units, each with their own management. The airline is also reported to have secured a R3.5-billion loan and it is also seeking to extend repayment terms of existing debt. “We appreciate the lenders are proceeding with caution, but they are satisfied with the progress… We will keep operations going on until the end of the current financial year,” said SAA spokesperson, Tlali Tlali.

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