South Africa: SAA Units to Seek Private Investors

source: allAfrica
Business Day (Johannesburg)
Linda Ensor
22 April 2010

Johannesburg — South African Airways (SAA) business units would be ring-fenced with a view to bringing in strategic equity investors to make them more sustainable, Department of Public Enterprises deputy director-general for transport Andrew Shaw, said yesterday.

The business units under review included SAA Voyager, cargo, Air Chefs and SAA Technical, which has already been corporatised into a subsidiary.

Shaw said SAA needed to take advantage of the business opportunities offered by its frequent flyer programme Voyager, which could, for example, be linked into banking. The department was also looking into the feasibility of converting SAA Technical into a multi-airline service and maintenance operation, instead of [continue reading]

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