Major banks, which have previously funded SAA, have apparently declined to fund the efforts to resuscitate the airline.
The government is aiming to relaunch SAA in January, and is working on partnering with private sector investors.
By the beginning of August, it had received more than 10"unsolicited" offers from investors seeking to partner with SAA and its subsidiaries, said Kgathatso Tlhakudi, the director-general of the department of public enterprises, on Friday...A subscription gives you full digital access to all Sunday Times content.Registered on the BusinessLIVE, Business Day, Financial Mail or Rand Daily Mail websites? Sign in with the same details.
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