SAX to break even

State-owned regional carrier South African Express (SAX) has stated that it expects to break even this year after losing R187m in 2010. SAX CEO Inathi Ntshanga has confirmed that the airline would not need a bail-out of the type contemplated for its larger sibling South African Airways (SAA). Last year SAX made the headlines after the auditor-general took over the audit of the airline accounts that were revealed to be a shambles. “We are busy with the clean up … we have broken the back of the source of all the errors now,” said Ntshanga to Business Day. He expected