Former SAA CEO, Vuyani Jarana, says the SAA deal intended to sell a 51% stake to an equity partner with government will give the airline the opportunity to operate as a functional business.
Public Enterprises Minister, Pravin Gordhan, announced last week that the Takatso consortium would acquire a 51% stake in SAA - with government due to keep a 49% shareholding.
Gordhan says Takatso also intends to inject over three-billion-rand into the deal.
Today we were joined by Guy Leitch, SA Flyer Magazine Editor, Dr Joachim Vermooten, independent aviation consultant and researcher and Professor Jannie Rossouw at Wits Business School.