Quote from Ndubuisi Ekekwe on April 20, 2020, 10:23 PM

The South African Airways plans to lay off its entire 4,700-person staff and may exit the scene after it failed to secure a government bailout.

South African Airways (SAA) is offering severance packages to its entire workforce of around 5,000 workers, a proposal by the airline's administrators showed, after the government said it wouldn't provide more funds for rescue efforts.

The proposal, which was put to trade unions this week and hasn't been agreed with them, is the latest sign that state-owned SAA is on the brink of collapse.