South African Airways is close to bankruptcy, according to information given to the country’s parliament.
A cash-flow statement shown to MPs, and seen by the BBC, suggests the national carrier may soon be unable to pay staff salaries.
The statement says the situation might improve by October, but only if the airline gets a £45 million bailout from the government.
But, even with state aid, it is believed the carrier’s finances are likely to deteriorate again by December.
