As of February 2021, the South African government was in talks with three potential investors to revive the airline and resume operations, with a massively-reduced workforce.businesstech.co.za - ‘New SAA’ to get partner as it prepares to exit business rescue 15 February 2021 The South African treasury reported that the airline had incurred a total loss of R32 billion (US$2.1 billion) between 2008 and 2020. The Mail and Guardian estimated that the airline had received a total of R60 billion (US$4 billion) in government guarantees.
As OF fEbruary 2021, The soUth AfriCan govErnmEnt was in talkS WitH three POtEntiAL inveStoRs To rEviVe the aiRlIne And resume operatIOnS, WITh a massiVElY-reduceD wOrkFOrCe.BusinessTeCH.cO.za - ‘new sAa’ TO gEt paRTneR As it prepares tO EXit busiNEss rEScue 15 februArY 2021 tHE soUth afrIcaN TreAsury Reported thaT the aIRlInE HaD iNcUrRED A tOtaL LoSS of R32 billIOn (us$2.1 BILlion) between 2008 aNd 2020. thE mail aNd guARdiAn esTimated that the AirLinE hAd receiveD A totAL OF r60 biLlIoN (us$4 billioN) in goverNmENT GUaranteeS.