Streaming issues? Report here
Aubrey Masango 2019 BW
The Aubrey Masango Show
20:00 - 23:59
volume_up
volume_mute

The Aubrey Masango Show
20:00 - 23:59
Home
arrow_forward
Local
arrow_forward
Business

Here's why a merger for SAA, Mango and SA Express would be a disaster

12 September 2019 5:04 PM
Tags:
SAA
Mango
SA Express
Airline
merger
SA Flyer Magazine's Guy Leitch says while in some ways it may be cost-effective, the merger itself would be very expensive.

Government is due to consider a "cost-saving" proposal to merge South African Airways (SAA), Mango and SA Express.

In May, Public Enterprises Minister Pravin Gordhan confirmed the merger was on the cards, but that the broader strategy still had to be worked out.

But despite its cost-saving aspirations, SA Flyer Magazine says it would be a disaster.

SA Express is absolutely on its knees and has very little chance of succeeding even in the short or medium term.

Guy Leitch, Managing editor - SA Flyer Magazine

Things are no better over at SAA, says Leitch.

SAA has got an absolute train smash on its hands without a CEO, without an executive chairman and still trying to implement a long-term turnaround strategy.

Guy Leitch, Managing editor - SA Flyer Magazine

The last thing it (SAA) needs is an additional burden of trying to integrate two other completely different airlines into its model.

Guy Leitch, Managing editor - SA Flyer Magazine

While Leitch admits that there are some cost-savings to be made - mainly by eradicating the need for three sets of management - the process of the merger itself would be extremely costly.

Listen to the full interview below:


12 September 2019 5:04 PM
Tags:
SAA
Mango
SA Express
Airline
merger

More from Local

#SandtonShutdown: Activist says civil society can't fight against GBV alone

13 September 2019 4:02 PM

Hundreds of women gathered outside the JSE in Sandton as early as 3am this morning to demand support from the private sector.

Read More arrow_forward

'Peter Moyo is not required – nor permitted – at work'

13 September 2019 2:32 PM

Old Mutual is not backing down in its fight with fired CEO Peter Moyo. Ray White interviews EWN’s Nthakoana Ngatane.

Read More arrow_forward

Bob Hewitt victims cry foul over parole decision

13 September 2019 2:08 PM

Olivia Jasriel says they were informed on Thursday that Hewitt will be released n the 23 September 2019.

Read More arrow_forward

'Why I broke the silence on Dr Thandi Ndlovu's abuse story'

13 September 2019 1:01 PM

Businesswoman Khanyi Chaba says she spoke out about the abuse of her late friend Dr Thandi Ndlovu in order to honour her legacy.

Read More arrow_forward

YES beneficiaries work in South African clinics to fight HIV/Aids

13 September 2019 10:19 AM

Kgabele Memela says because of the initiative he received an internship at Unlockd.

Read More arrow_forward

City of Cape Town explains why it hiked electricity tariffs

13 September 2019 9:15 AM

Civic pressure group Stop CoCT says it found discrepancies in the tariff increases implemented by the City.

Read More arrow_forward

'Children don't just wake up today and say I'm going to commit a murder'

13 September 2019 8:42 AM

Centre for Child Law project manager Zita Hansungule says children still have the ability to be rehabilitated and reintegrated.

Read More arrow_forward

'Emasculation' of men contributes to SA's high murder rate

12 September 2019 7:23 PM

The 2018/19 crime statistics were released today and reveal Nyanga in Cape Town as the murder captial of the country.

Read More arrow_forward

City of Joburg to extend pointsmen contract for another month

12 September 2019 7:03 PM

MMC Michael Sun says the municipality has to comply with the rules and regulations when giving private operators such a tender.

Read More arrow_forward

[LISTEN] What actually works in reducing cases of GBV?

12 September 2019 4:26 PM

CapeTalk's John Maytham asks which interventions are proven to work in reducing GBV.

Read More arrow_forward

More from Business

10 unexpected things that most truly rich people have in common

13 September 2019 2:44 PM

Personal finance expert Warren Ingram on the money values that those "worth" R40 million or more almost invariably have in common.

Read More arrow_forward

'Peter Moyo is not required – nor permitted – at work'

13 September 2019 2:32 PM

Old Mutual is not backing down in its fight with fired CEO Peter Moyo. Ray White interviews EWN’s Nthakoana Ngatane.

Read More arrow_forward

Prasa assets not insured, you are riding at your own risk - Mantshantsha

13 September 2019 1:04 PM

Daily Maverick's Sikonathi Mantshantsha says Prasa is on a downward spiral and trains no longer have risk insurance cover.

Read More arrow_forward

Jeremy Mansfield gets real about his money and beliefs about it

13 September 2019 1:03 PM

Bruce Whitfield interviews Jeremy Mansfield about his attitude to money (hopes and fears, successes and failures, etc.).

Read More arrow_forward

'Getting people out of their homes and into a restaurant is challenging'

12 September 2019 7:08 PM

Spur Corporation says it has experienced some pressure as customer spend is limited due to a slowing economy.

Read More arrow_forward

Steinhoff's R53 million penalty is still the highest paid fine in SA - FSCA

12 September 2019 6:33 PM

The company which was initially slapped with a R1.5 billion fine is now required to pay R53 million.

Read More arrow_forward

'We had a disdain for money. Material possessions counted for so little'

12 September 2019 3:20 PM

Justice Albie Sachs talks about his attitude to money (hopes and fears, successes and failures, etc.).

Read More arrow_forward

Naspers spin-off comes in at R1,200 a share

12 September 2019 11:47 AM

Prosus made a good start to its first day of trading on the JSE, opening at R1,238 a share.

Read More arrow_forward

What is better - money in the bank or investing in shares?

12 September 2019 11:17 AM

Personal finance expert Warren Ingram offers a definitive answer with an explanation ordinary people can understand.

Read More arrow_forward

Spock is not greedy – or fearful – when investing. Be like Spock. Here’s how…

12 September 2019 10:46 AM

Live long and prosper! Personal finance expert Warren Ingram shares four tips on successful investing.

Read More arrow_forward