Management is thinking about selling the airline’s catering unit, Air Chefs, and outsourcing or selling SAA Cargo, the Johannesburg-based paper reported, citing an official it did not identify and an internal report.

The company is set to record a 6 billion rand ($419 million) loss at the end of the current financial year, City Press said, citing the internal report. A spokesman for SAA didn’t answer a call seeking comment outside of usual office hours.

Source:

https://www.bloomberg.com/news/articles/2018-09-23/south-african-airways-mulls-cost-cuts-asset-sale-city-press?srnd=premium-africa