Streaming issues? Report here
Pippa Hudson 2019 1500 BW 2 Pippa Hudson 2019 1500 BW 2
Lunch with Pippa Hudson
13:00 - 15:00
volume_up
volume_mute

Up Next: Afternoon Drive with John Maytham
See full line-up
Lunch with Pippa Hudson
13:00 - 15:00
Home
arrow_forward
Business

A joint venture with the right airline could save SAA, says aviation expert

2 December 2019 10:06 AM
Tags:
SAA
SA Flyer
Guy Leitch
joint venture
strategic partnership

Guy Leitch, the editor of the SA Flyer magazine, says South African Airways need a strategic partner take the reins operationally.

Aviation expert Guy Leitch says South African Airways (SAA) needs the right strategic partner to take over operational control of the struggling airline.

Leitch says SAA is on its deathbed after losing travel bookings from several private agencies who pulled their business away from the national carrier.

The loss of travel agent bookings is a fatal blow to the airline because it's almost dead.

Guy Leitch, Editor - SA Flyer Magazine

In a statement on Sunday, Public Enterprises Minister Pravin Gordhan said SAA would undergo radical restructuring.

Leitch says "radical restructuring" is a meaningless term if there is no concrete plan of action.

They're not staying anything specific at this stage.

Guy Leitch, Editor - SA Flyer Magazine

It's understood that Gordhan will meet with Finance Minister Tito Mboweni on Monday to devise a way forward for SAA.

Leitch explains that a joint venture or strategic partnership with another well-run airline could possibly help save SAA.

Currently, the law prohibits foreign businesses and investors from owning more than a total of 25% of any South African airline.

A South African airline has got to be 75% South African owned.

Guy Leitch, Editor - SA Flyer Magazine

A joint venture between SAA and Ethiopian Airlines was previously proposed but has since been put on hold.

Emirates and Lufthansa are the two other airlines that have been mentioned in the past.

Listen to the discussion on Breakfast with Refilwe Moloto:


2 December 2019 10:06 AM
Tags:
SAA
SA Flyer
Guy Leitch
joint venture
strategic partnership

More from Business

CCTV surveillance Big Brother camera 123rf 123rfbusiness 123rflifestyle

We don’t collect or sell personal data – Vumacam

14 August 2020 1:29 PM

"We look for vehicles listed against the Saps database," says Vumacam CEO Ricky Croock.

Share this:
Read More arrow_forward

180308 gavel-2-genericjpg

We need to urgently send some state capture miscreants to prison - Bonang Mohale

14 August 2020 1:02 PM

Prominent SA businessman Bonang Mohale says the government needs to restore public trust by bringing corrupt officials to book.

Share this:
Read More arrow_forward

load-shedding-black-out-power-cut-outage-candles-woman-darkness-lights-out-123rf

2020 has been the worst year of load shedding to date, claims CSIR

14 August 2020 10:44 AM

Researchers say that the amount of load shedding in 2020 has already exceeded 2019, and the year could still get worse.

Share this:
Read More arrow_forward

pudo-advert-video-screengrab-png

[WATCH] Courier service's 'piesang' and 'doos' advert ruffles feathers

14 August 2020 10:08 AM

The Advertising Regulatory Board has declared the raunchy ad 'could cause offence' and may not be flighted when kids are watching.

Share this:
Read More arrow_forward

Golden Arrow bus torched on N2

Rioters torch 3 Golden Arrow buses trapped in bumper-to-bumper traffic on N2

14 August 2020 9:06 AM

"Our drivers are in shock. Our passengers are in shock," says Bronwen Dyke-Beyer. "It looks like it [was a coordinated attack]."

Share this:
Read More arrow_forward

stress-black-man-papers-laptop-work-tax-fees-money-finance-woes-businessjpg123rf

Feel you've missed the money boat? Don't fall into the FOMO investment trap!

13 August 2020 8:43 PM

Bruce Whitfield and personal finance expert Warren Ingram get to grips with why perhaps you shouldn't, if you didn't...

Share this:
Read More arrow_forward

landlord-gopng

Keen to buy a Cape Town landmark? Virtual ownership is yours with a new game

13 August 2020 7:57 PM

If you can't afford to buy a property, no matter. 'Landlord GO' allows you to become a tycoon in the Mother City, or elsewhere.

Share this:
Read More arrow_forward

Lorna Scott

Booze ban's effect on women in the industry needs more attention - Gin pioneer

13 August 2020 7:10 PM

Inverroche Distillery spearheaded a 'gin revolution' in SA. Lorna Scott details the wide-reaching effects of the alcohol ban.

Share this:
Read More arrow_forward

fuel-tank-petrol-car-motorist-driving-driver-refuelling-123rf

'Govt can't simply be a spectator if fuel retailers to survive drop in sales'

13 August 2020 6:50 PM

Namibia's government assisted Covid-hit retailers, but SA doesn't understand how the industry works says Reggie Sibiya (FRA CEO).

Share this:
Read More arrow_forward

Cigarettes and alcohol 123rfbusiness 123rflifestyle 123rf

'SA govt must be very cautious about making special deals with alcohol industry'

13 August 2020 4:57 PM

A policy advisor says the government needs to tread carefully after reports that a new agreement has been reached with the alcohol industry at Nedlac.

Share this:
Read More arrow_forward