External Factors Drive South African Airways To Loss

South African Airways A330-200
Credit: Rob Finlayson
Major foreign currency losses, together with factors such as higher fuel prices and increased aircraft leasing rates, led to South African Airways (SAA) recording a net loss of R354 million ($19.8 million) for its 2023/24 financial year ended Mar. 31, 2024, the airline said July 17. SAA had a net...
Alan Dron

Based in London, Alan is Europe & Middle East correspondent at Air Transport World.

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