Government considering merger between SAA, SA Express and Mango

Public Enterprises Minister Lynne Brown says government is considering a merger of its three airlines – SAA, SA Express and low-cost carrier Mango.

Addressing Parliament’s Standing Committee on Public Accounts (Scopa) on Tuesday, Brown said ideally a 25% shareholder is needed to provide management and financial assistance.

READ: Minister Lynn Brown claims no knowledge Eskom lied about Trillian

ALSO READ: Parliament expresses concern over SAA's enormous debt

SA Express executives explained its irregular expenditure for 2016.

Eyewitness News reporter Lindsay Dentlinger was there.

She has ruled out that SA Express be privatised.

Lindsay Dentlinger, EWN reporter

Each airline has its own problems, the problem particular to SA Express is that they do not own any aircraft and the acting CEO is saying there were maintenance costs involved in keeping to the schedule and to the route, and having charter and hired planes...

Lindsay Dentlinger, EWN reporter

Click on the link below to listen to the full audio....


This article first appeared on 702 : Government considering merger between SAA, SA Express and Mango


Recommended

by NEWSROOM AI

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Equal Education: Lack of political will from gov to fix school sanitation crisis

Equal Education: Lack of political will from gov to fix school sanitation crisis

Equal Education has urged the Basic Education Department to speed up its efforts in getting rid of pit toilets in the country.

[WATCH] Mavericks' advertising airplane battles in Cape stormy skies

[WATCH] Mavericks' advertising airplane battles in Cape stormy skies

Eye witnesses describe how the small plane often seen in Cape Town skies trailing Maverick's banner struggling in the sky.

"SAA operates well despite financial problems"

"SAA operates well despite financial problems"

Linden Birns of Plane Talking says that SAA is still a well run, professional airline.

Economist Lumkile Mondi says SAA must be privatised, Vavi disagrees

Economist Lumkile Mondi says SAA must be privatised, Vavi disagrees

Wits Economics lecturer Lumkile Mondi says troubled state-run airline SAA should be privatised, but Zwelinzima Vavi doesn't agree.

Gigaba denies selling Telkom shares to fund ailing SAA is a done deal

Gigaba denies selling Telkom shares to fund ailing SAA is a done deal

EWN Reporter, Barry Bateman says Finance Minster Malusi Gigaba is adamant that nothing had been finalised for SAA bailout.

Parliament expresses concern over SAA's enormous debt

Parliament expresses concern over SAA's enormous debt

EWN Reporter Gaye Davis reports on the interrogation of the irregular, fruitless and wasteful expenditure racked up SAA.

Popular articles
Can you 'affair-proof' your marriage?

Can you 'affair-proof' your marriage?

Sexologist Nikki Goldstein says there are steps you can take to cut the risk of infidelity in your relationship.

Stadium riot: 'It's just inexplicable and unacceptable by all means'

Stadium riot: 'It's just inexplicable and unacceptable by all means'

Minister of Sports and Recreation condemns this weekend's violence by Kaiser Chiefs fans.

'He raped me every day for a year when I was 8 years old'

'He raped me every day for a year when I was 8 years old'

A woman has penned her triumphant story of survival after being sexually abused by an uncle as a child.

Euphonik (one of South Africa's top DJs) opens up about money

Euphonik (one of South Africa's top DJs) opens up about money

Bruce Whitfield talks to Euphonik (aka Themba Nkosi) about his attitude to money (hopes and fears, successes and failures, etc.)

This is how much you should be paying your domestic worker

This is how much you should be paying your domestic worker

Stephen Rathai, director of employment standards at the Department of Labour talks on the new national minimum wage.

Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Bruce Whitfield interviews La Grange about her and Madiba's attitude to money (hopes and fears, successes and failures, etc.)

Mugg & Bean agrees to pay medical bill of customer

Mugg & Bean agrees to pay medical bill of customer

Mugg & Bean has agreed to pay for customers medical bills after a month of being in pain and pestering the chain to pay the bill.