‘New SAA’ to partner as it prepares to exit business bailout

‘New SAA’ to partner as it prepares to exit business bailout
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The government has identified three equity partners for South African Airways (SAA) and will make a decision on which one to choose in the next month, says Public Enterprise Minister Pravin Gordhan.

In an interview with Bloomberg TVGordhan said the SAA interim board is working with the candidates before the government makes its recommendation.

The search for a partner in South Africa comes at a time when the aviation industry is mired in the greatest crisis in its history, having been struck down by the Covid-19 pandemic.

One of the partners that has previously been proposed is Ethiopian Airlines, which has been in active discussions with the South African government on a deal.

In October 2020, Ethiopian Airlines said it was willing to provide “aircraft, pilots and maintenance …

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