'Some discussion is taking place between ET and the South African Public Enterprises Ministry,' Tewolde Gebremariam said, 'but it is at a very initial level and part of a general overview of pan-African cooperation in the aviation world.'
SAA hasn’t made a profit since 2011 and has been under a form of bankruptcy protection since late last year. Creditors have approved a restructuring plan, but the government needs to find at least 10 billion rand of funding for it to work.
"Some discussion is taking place between ET and the South African Public Enterprises Ministry," Tewolde Gebremariam said,"but it is at a very initial level and part of a general overview of pan-African cooperation in the aviation world between ET and SAA."Officials have said they have received unsolicited interest in SAA but have revealed few details about that interest.
Ethiopian Airlines lost $1 billion in revenue from January to September because of the coronavirus outbreak, the airline said on Friday.
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