SAA new deal: Who and what is Takatso Consortium
Refilwe Moloto talks to aviation analyst Desmond Latham about who the players are and how the deal will work.
Source: capetalk.co.za
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Refilwe Moloto talks to aviation analyst Desmond Latham about who the players are and how the deal will work.
Takatso Consortium wants to relaunch South African Airways (SAA) as a "viable, sustainable, scalable and agile airline."
The South African government will retain a 49% stake in the airline. Takatso Consortuim, a South African-based body, consists of leading Pan-African infrastructure investor, Harith General Partners...
Fifty-one percent of SAA will be sold to a consortium, while the Department of Public Enterprises will own the other 49%.