Guy Leitch
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Guy Leitch, aviation analyst With SAA being in talks with potential strategic equity partners, what more can they do to encourage investors? Is this the right move? Do we know of any potential investors names so far
South African Airways is open to outside investment and in talks with a number of potential partners, says President Cyril Ramaphosa.
Speaking at the Financial Times Africa Summit in London, Ramaphosa said that the airline was currently in discussion with a number of interested parties, reports Reuters.
“South African Airways is one of those state-owned enterprises that has relied on lots of state bailouts,” Ramaphosa said.
“We are on record as saying we are open to the participation of the private sector. As we speak now, we’re talking to a few interested parties when it comes to SAA.”
South African Airways is open to outside investment and in talks with a number of potential partners, says President Cyril Ramaphosa.
Speaking at the Financial Times Africa Summit in London, Ramaphosa said that the airline was currently in discussion with a number of interested parties, reports Reuters.
“South African Airways is one of those state-owned enterprises that has relied on lots of state bailouts,” Ramaphosa said.
“We are on record as saying we are open to the participation of the private sector. As we speak now, we’re talking to a few interested parties when it comes to SAA.”
