
SAA is reportedly seeking a R2.25 billion investment facility
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According to Business Day, national airline South African Airways (SAA) has submitted a
five-year, two-phase corporate turnaround plan to the government which could see it
going to the market for a R2.25 billion investment facility and seeking a strategic equity
partner. How credible is this new turnaround plan from a governance and execution perspective? Aviation analyst based in Malawi, Sean Mendis shares his views.
five-year, two-phase corporate turnaround plan to the government which could see it
going to the market for a R2.25 billion investment facility and seeking a strategic equity
partner. How credible is this new turnaround plan from a governance and execution perspective? Aviation analyst based in Malawi, Sean Mendis shares his views.