Room for 25% equity partner in SAA merger - Brown
6 April 2016
Cape Town - Public Enterprises Minister Lynne Brown said on Wednesday that she is in favour of a merger between South African Airways (SAA) and SA Express, but said the question is how it should happen.
Brown outlined her department’s strategic and annual performance plans to the Portfolio Committee on Public Enterprises and also gave a broad overview of the various state-owned companies her department is overseeing.
“The question is, should we merge SAA and SA Express, or create a holding company that keeps all four airlines – including Mango and SA Airlink – within our fold?
“My preferred choice is to merge them so that they still do the things that they were tasked to do.”