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SAA boss eyes dropping routes, new jets
2014-11-26 11:18:20| Airlines - Topix.net
South African Airways should curb losses by securing 1.3 billion rand in annual savings from dropping weaker routes and accelerating plans to retire inefficient jets, according to its interim chief. Route changes could contribute 507 million rand to earnings before interest, tax, depreciation and amortisation, while restructured plane leases should save 300 million rand, acting chief executive Nico Bezuidenhout said today.
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Category:Transportation and Logistics
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