SAA: between a rock and a hard place


The government’s SAA endgame is a leaner state-owned airline with private sector participation: getting there was what tripped it up last week as it scrambled to find a solution to its national carrier conundrum.

The cabinet subcommittee responsible for the matter outlined three options: business rescue, liquidation or restructuring. Business rescue, the eventual choice, was initially resisted...

This article is reserved for HeraldLIVE subscribers.

A subscription gives you full digital access to all our content.

Already subscribed? Simply sign in below.

Already registered on DispatchLIVE, BusinessLIVE, TimesLIVE or SowetanLIVE? Sign in with the same details.

Questions or problems? Email or call 0860 52 52 00.