State-owned South African Airways is going into bankruptcy protection.

The government has pledged 4 billion rand ($274 million) to keep the airline running during a restructuring period. SAA hasn’t posted a profit since 2011 and has received 57 billion rand in bailouts since 1994.

The airlines’ finances suffered after the eight-day employee strike in November and an earlier refusal by the Treasury to provide additional funding.

Bloomberg reports that the South African Airways rescue plan includes the following:

Existing lenders to SAA will provide 2 billion rand of “post-commencement finance” guaranteed by the government and repayable out of future budget appropriations to enable SAA to continue to operate
The Treasury will provide an additional 2 billion rand of funding in a “fiscally neutral manner”
Recovery of capital and interest on existing debt provided to SAA by existing lenders that is the subject of existing government guarantees will not be impacted by business rescue
A review of the airline’s cost structure will be conducted, with a simultaneous effort to retain as many jobs as possible. SAA has more than 5,000 workers, and the SAA Group of companies employs thousands more.