Government to consider SAA, Mango and SA Express merger Posted on 12 September 2019 The Department of Public Enterprises has completed a study on the merger of South Africa’s state-owned airlines and presented this to parliment on Wednesday, 11 September. The study found that consolidation of the three airlines would be financially beneficial. According to Business Tech, ‘the document which supports the consolidation is currently being reviewed by the government’s economic cluster and will soon head to cabinet for consideration.’ Siza Mzimela, Interim CEO of SA Express, expressed support for the integration of the airlines, but said that the way in which the merger is structured will be of critical importance. The push to merge the airlines comes after SA Express was forced to ground all its flights at the end of August due to lack of funds and National Treasury approved a R300-million bailout for the struggling airline. Image: Meraj Chhaya Related Posts Cape Town’s sustainability: Leading the way in environmental initiatives 1 June 2023 As National Environmental Month commences in South Africa, Cape Town stands proudly at the forefront... read more Kapama to host Safari Guide of the Year Awards 2023 1 June 2023 Kapama Private Game Reserve near Hoedspruit will host this year’s Safari Guide of the Year... read more Blood Lions relaunches for public viewing on YouTube 1 June 2023 Award-winning documentary feature film Blood Lions has been relaunched on YouTube for public viewing, creating... read more PREV ARTICLE NEXT ARTICLE
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