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This year alone, the airline received over R15 billion in government bail-outs.
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Two disasters this year have left the airline fighting for its future.
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The airline also has an image problem among its largely German clients.
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Aneleise: We'd expect the airline to extend the credit in this situation.
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Some industry sources say the airline may have debts approaching £8 million.
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The airline said some flight times will be affected by the change.
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Photo: AFP South Korea's largest airline currently provides three flights a week.
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The airline said it was well positioned to meet the new measures.
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Ms Chung said she expected much better service from the national airline.
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It requires urgent action, said Nicholas Calio, president of the airline group.
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The airline last week announced a record full-year loss of £531 million.
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New Caledonia's international airline has cancelled Sunday's planned charter flight from China.
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Business to Business segment sells its products to airline companies and hotels.
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The airline is maintaining several telephone hotlines for family members and friends.
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The CEO argued against scepticism, saying: South Africans must support the airline.
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New Caledonia's international airline is not expected to resume services before August.
