After everything, confirming they are the second worst company on earth after Telkom (actually I think they are now the worst), SAA have threatened Parliament with claims that they cannot survive without a massive capital injection. The depth of their problems should provide Carl Niehaus with some comfort. The audacity! The hubris! The *&%I*&)(*&(*^(*&%$&^IRFYUK AAAAAAAAAAH.
Read the story here - it's a helluva thing.
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So to summarise, SAA is 'operationaly sound and profitable' but just 'expected to post a significant loss'
Funny how that happens....
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