About: http://data.cimple.eu/news-article/c53ba813e2da984fcfe1af84f7239373b5d927d1ec2f2111ff218fd7

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/c53ba813e2da984fcfe1af84f7239373b5d927d1ec2f2111ff218fd7 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	The government on Wednesday announced the release of 10.5 billion rand ($638 million) needed to fund a plan to rescue struggling, state-owned South African Airways. The cash-strapped flag carrier was placed under a state-approved administration in December following years of mismanagement and rising debt. In a mini budget statement on Wednesday, Finance Minister Tito Mboweni said 10.5 billion rand "is allocated to SAA to implement its business rescue plan". The bailout is funded through cuts in spending elsewhere in other public entities and conditional grants. The latest allocation expected to save the limping airline, is in addition to 16.4 billion rand doled out in February this year to settle guaranteed debt and interest. Administrators axed most domestic and some international routes in February to save cash -- even before coronavirus grounded airlines globally -- as they drafted a massive restructuring plan to create a leaner, competitive airline. The rescue plan will see the airline shrink dramatically, emerging with a fleet of just six aircraft out of the 44 it had last year. Only a fifth of the almost 5,000 employees would remain. The aim is then to grow it back to 26 planes by the end of 2021 and re-hire 1,000 furloughed staff mgu-sn/bmm
schema:headline	SAA finally gets much-needed $638-million bailout
schema:mentions	South African rand South African Airways Finance minister Bailout Severe acute respiratory syndrome coronavirus 2 Tito Mboweni Insolvency Flag carrier
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-10-28 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	68 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 5 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software