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SAA-Airbus deal down to the wire

2015-12-21 17:01:32| Airlines - Topix.net

Bloomberg reported last week that today - December 21 - was the deadline for the sending of a legally-binding letter of agreement signed by both the airline and the Treasury to secure the lease arrangement. Bloomberg reported that Airbus Group SE was willing to proceed with a government-approved deal to lease five A330 wide-body planes to South African Airways, even after the state-owned carrier's chairwoman sought to renegotiate the deal in defiance of the country's National Treasury.

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