Global Trade Alert
Global Trade Alert

South Africa: Bailout of South African Airlines

Announcement

05 Dec 2019

The South African Government has announced the allocation of ZAR 2 billion to assists South African Airlines.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

05 Dec 2019

Revocation date:

No revocation date

Updated: 05 Dec 2019
Loan guarantee In force

The financial instrument selected for the bailout of South African Airlines (SAA) announced by the Minister of Public Enterprises of South Africa on 5 December 2019, includes a loan guarantee ...

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Updated: 05 Dec 2019
Capital injection and equity stakes (including bailouts) In force

On 5 December 2019, the Minister of Public Enterprises of South Africa has announced the injection of ZAR 2 billion (circa USD 136.3 million at the time of the announcement) to assist South African...

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