SAA, SA Express to merge

Old Feb 24, 16, 5:45 am
  #1  
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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
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Old Feb 24, 16, 10:01 am
  #2  
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"“What we should stop doing: Corruption and waste. Bailing out state entities,” said the Minister." Sounds like a bright idea to me.

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Johan
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