South African Airways Reports about $20 Million Loss Amid 2023/2024

South African Airways (SAA) reported a net loss of R354 million (about US$20 million) for the 2023/24 financial year, reversing its R210 million (about US$11 million) profit from the previous year. The financial results were announced during the airline’s Annual General Meeting held on 17 July 2025.


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