However, the introduction of private-sector investors in the ownership structure of the troubled airline still has a crucial obstacle. The deal could collapse if SAA’s historical debt of R3.5bn is not fully settled.
SAA minority shareholders hunting potential suitors for sale to go ahead capetalk.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capetalk.co.za Daily Mail and Mail on Sunday newspapers.
The Competition Tribunal has approved the acquisition of a 51% stake in South African Airways by Takatso Aviation. This marks a new era for the airline in which the government is no longer the majority shareholder.