The South African Public Enterprises Minister Malusi Gigaba is considering integrating South African Airways (SAA) with its low-cost subsidiary Mango and regional carrier South African Express to meet funding requirements. According to the Department of Public Enterprises, the integration of SAA is central to the airline’s turnaround strategy drafted to meet Treasury requirements for funding, which is also a condition of the R5bn guarantee Treasury extended to SAA last year, which allowed the loss-making airline to continue to trade as a “going concern”. One the two-year R5bn guarantee expires, regional carrier SA Express is likely to need financial support. Although

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In