Minister Pravin Gordhan on future of South African Airways
10 April 2024
The Minister of Public Enterprises, Mr Pravin Gordhan has expressed confidence that South African Airways (SAA) is on a path to a more sustainable future as the airline works on strengthening its executive management team and set in motion plans to consolidate its recovery.
Minister Gordhan said the board of SAA had his full support in its efforts to create a permanent executive management structure to continue implementing the airline’s recovery plan, which includes expanding its route network and overhauling its fleet after successfully emerging from business rescue in 2021.
“The steps that SAA has taken to recruit and build a more permanent executive management structure stem from the government’s commitment to ensure that the airline continues to grow from strength to strength. We are grateful for the sterling work of the interim executive management team as it has laid a solid foundation for the airline to scale even greater heights,” said Minister Gordhan.
“The executive management positions that the SAA Board has determined must be filled are a critical component of repositioning SAA as an airline of choice for the flying public. The skills and the expertise that these roles entail will give the airline strategic agility and make it possible for SAA to continue its growth trajectory following the termination of the proposed strategic equity partnership transaction,” Minister Gordhan added.