SAA hasn't made a profit since 2011 and has been under a form of bankruptcy protection since late last year. ET is Ethiopian Airlines' International Air Transport Association (IATA) code. Officials have said they have received unsolicited interest in SAA but have revealed few details about that interest. SAA hasn't flown commercial passenger flights since March, when the government imposed a strict lockdown to contain the coronavirus. Ethiopian Airlines lost $1 billion in revenue from January to September because of the coronavirus outbreak, the airline said on Friday.
Source: Ethiopian News September 04, 2020 11:15 UTC