Lone albatrosses, or flock of turkeys
Lack of clarity on SAA-SA Express merger. Would it be a turbulent tie-up?
A new dilemma faces loss-making national carrier SAA: how does it get SA Express - grounded since May by the Civil Aviation Authority - airborne again? One possibility is a merger between SAA and SA Express. Mango, the other low-cost operator owned by SAA, is also said to be under consideration for inclusion should the formation of a single airline go ahead. This proposal appears to have the blessing of Public Enterprises Minister Pravin Gordhan, who recently intimated that "discussions around the merger have begun". However, in an interview with Business Times on Friday, SAA CEO Vuyani Jarana said the airline had not been included in discussions about the merger. "We are not part of the conversation, the board has not been engaged and we have not been engaged as well. So we are not in the conversation as yet, but we also know that government is talking. "This is what we hear from the announcements. At the moment the board hasn't given us that direction and we haven't been briefed a...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.