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.
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
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