SA eyes R6bn from selling SAA stake
The government is banking on SAA attracting interest as it holds some lucrative routes and valuable landing slots, such as at London’s Heathrow Airport
03 December 2020 - 13:23
SA is looking to raise about $400m from the sale of a stake in its bankrupt national airline, according to people familiar with the situation, a plan likely to lower the chances of finding a partner to aid its revival.
The funds would be used to recapitalise the reformed SAA, the people said, asking not to be identified because the information hasn’t been made public. ..
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