South Africa’s Airlines Are Keeping Its Currency Floating
2020 has been a difficult year for many different airline companies in the world because of the COVID-19 crisis. However, as the spread of the virus got under control in some countries, the economic crisis decreased. But the tendency of getting back to normal functioning doesn’t apply to South African Airways which is a state-owned carrier airline in the country. SAA faces major economic challenges currently and this has a huge impact on the national economy. Q3 2020 hedge fund letters, conferences and more SAA recently raised much debate after the announcement of the finance minister, Tito Mb...