Talks with airlines have not been about selling a stake in SAA, the company says
But earlier in July, SAA chief Vuyani Jarana said the airline was urgently trying to find a buyer for a stake in SAA as a way of dealing with its solvency problems
South African Airways (SAA) has stated categorically that it has not yet held talks with any foreign airline with a view to selling a stake in the state-owned company. A report at the weekend in City Press newspaper quoted the ambassador of the United Arab Emirates to SA, Mahash al Hameli, saying that his government was considering investing in SA’s state-owned companies, in particular in SAA, which has said it was seeking an investor. The UAE has two state-owned airlines: Emirates and Etihad. In a statement issued on Monday, SAA said that it had recently met airlines with which it had code-sharing agreements, as well as potential commercial partners. “SAA has met Emirates, Turkish Airlines, Qatar Airways, Kenya Airways, Air Mauritius, United Airlines and Singapore Airlines. These discussions have been purely about commercial agreements such as interline, codeshare, cargo as well as possibilities of these airlines taking some of our excess flight deck and cabin crew staff. “We have ...
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