Global Trade Alert
Global Trade Alert

South Africa: Goverment bailouts South African Airways

Announcement

25 Oct 2017

The government of South Africa approved a cash injection to prevent South African Airways from default.

Source

Sign in to access

Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Oct 2017

Revocation date:

No revocation date

Updated: 25 Oct 2017
Capital injection and equity stakes (including bailouts) In force

On October 25, 2017, the Ministry of Finance of South Africa in the Medium-Term Budget Policy Statement announced that South African Airways would receive a ZAR 10 billion (USD 710 million) ba...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.