(Bloomberg) -- South Africa's government has opted to restructure the national airline, Business Day reported, citing state officials it didn't identify.
The option to reorganize South African Airways was favored over either liquidating the carrier, or closing it and retaining the company's low-cost airline Mango, the Johannesburg-based newspaper said. The decision will likely mean SAA will require further state funding, it said.
Read: South African Airways Looks Set to Shrink in Effort to Survive
To contact the reporter on this story: Paul Richardson in Johannesburg at pmrichardson@bloomberg.net
To contact the editor responsible for this story: Benjamin Harvey at bharvey11@bloomberg.net
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