South African airlines to cancel order for 10 Airbus aircraft: CFO - CNBC Africa

South African airlines to cancel order for 10 Airbus aircraft: CFO

Southern Africa

by Reuters 0

South African Airlines is close to finalising the cancellation of a contract to supply 10 Airbus A320 aircraft. PHOTO: Reuters

South African Airlines is close to finalising the cancellation of a contract to supply 10 Airbus A320 aircraft as part of plans to get the national carrier back to profitability, its chief financial officer said on Wednesday.

"We need to get the final approval from the board who can sign the documents and then we're done," Wolf Meyer told journalists at a parliamentary briefing, adding that approval was expected within days.

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