Will Airbus lease aircraft to ailing SAA?

Treasury is set to decide on December 21 whether it will finance the deal for Airbus to lease aircraft to cash-strapped South African Airways.

The deal has been widely linked to former finance minister Nhlanhla Nene's axing as he was said to oppose the transaction.

Tessa van Staden, standing in for Stephen Grootes, on Monday spoke to EWN reporter about the logistics behind the deal.

Listen to the conversation below:

SAA board chairperson Dudu Myeni wanted a third party or middleman to buy these planes and SAA would lease them from the third party... and that has been the sticking point

Govan Whittles, EWN reporter

This article first appeared on 702 : Will Airbus lease aircraft to ailing SAA?


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