News

SAA Must Officially Report To Minister of Public Enterprises Pravin Gordhan.

On 25 July, a Presidential Proclamation was signed that officially requires South African Airways (SAA) to answer to Pravin Gordhan, the Minister of Public Enterprises. This decision was made in order for Public Enterprises to find ways to save the airline. SAA has not made a profit since 2011 and will need government donations of R12 billion to pay off debts.

Gordhan’s plan is to align SAA and SA Express. He said, “I have had a joint meeting with the chairs and deputy chairs of both airlines and we will now start the process of formalising a joint board committee to give effect to this strategic alignment and operational consolidation.”

 

By: Mikayla Tetreault, Staff Writer