It is two years since the. The Consortium includes investment firm Harith and Global Airways, who are also the owners of LIFT airline.
With no further funds forthcoming from government and COVID-19 lockdowns kicking in, all SAA flights were halted in May 2020. Come April 2021, SAA came out of business rescue, with the workforce trimmed down by nearly 3 000. He’s been quiet around any other bidders that may have taken part in gunning for the SAA strategic partnership. As things stand now, there are a number of regulatory hurdles that the deal must go through.
Earlier this year, Gordhan is on record to have said that SAA had become profitable. A number of factors are likely to have helped the airline hover in positive financial territory. But should that day come, Takatso will face a highly competitive environment where some have garnered greater market share following the COVID-19 fallout.
No Competition Authorities are looking into a deal Gordhan told parly doesn't exist. Meanwhile the high court compelled him to reveal details of the same non-existent deal? Ballerina tries to spin while standing in pooh, sprays all standing in her circle with stinky. Ziyakhala!