Global Trade Alert
Global Trade Alert

South Africa: Bailout for South African Airways

Announcement

03 Oct 2012

In October 2012, the government of South Africa announced a change in private-sector financial support.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Sep 2012

Revocation date:

No revocation date

Announced: 03 Oct 2012
Loan guarantee In force
On October 3, 2012, the National Treasury of South Africa issued a statement that the government has granted South African Airways (SAA) a 5 billion Rand (US$ 600 million) guarantee for a period of t...
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