South African Airways has agreed to hire a restructuring expert to help turn around the state-owned airline and help meet conditions laid down by lenders to roll over debt, according to two people familiar with the matter. Incoming CEO Vuyani Jarana met British industry veteran Peter Davies last month and he agreed to help try to return SAA to profit, said the people, who asked not to be identified as the plans are private. Davies is a former CEO of European airlines including Air Malta and Brussels Airlines and currently runs London-based consultancy Airline Management Group. "We are finalising steps that will lead to the appointment of a chief restructuring officer," SAA spokesman Thali Thali said in e-mailed comments. "No announcement on the identity of the candidate can be made before we attend and resolve the outstanding issues." Davies did not immediately respond to a phone call and e-mail seeking comment. The appointment of a strong management team is one of several condition...

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