SAA, SA Express to merge
SA Government has proposed merging South African Airways (SAA) with SA Express and partnering the new entity with a minority equity partner to return the ailing airline to profitability.
This is a welcome sign from the finance minister. http://www.fin24.com/Budget/gordhan-...tners-20160224 http://af.reuters.com/article/topNews/idAFKCN0VX1E8 |
"“What we should stop doing: Corruption and waste. Bailing out state entities,” said the Minister." Sounds like a bright idea to me.
Source Johan |
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