A new airline could fly past SAA’s many dead ends
Merging three lame ducks will not miraculously create a swan, but spinning off a carrier with a commercial incentive could
The SAA and SA Express boards have failed consistently, but there is a solution, one that will end taxpayer bailouts, satisfy politicians’ desire to keep the flag flying and even retain our national pride. But it will take courage and political will.
The government, finally seeing sense, is talking about selling some of SAA to the private sector. SA Express should be the first to go. Finance minister Tito Mboweni mentioned this in his medium-term budget policy statement, without offering further detail...