Question NW1240 to the Minister of Public Enterprises
20 April 2023 - NW1240
Lees, Mr RA to ask the Minister of Public Enterprises
Whether any Government guarantees have been used by the SA Airways in order to (a) lease, (b) purchase and/or (c) acquire any aircraft since 2 September 2021; if not, why not; if so, what are the relevant details?
Reply:
a) No guarantees were used by SAA for lease of aircraft since 2 September 2021.
b) No guarantees were used by SAA for purchase of aircraft since 2 September 2021.
c) No guarantees were used by SAA to acquire aircraft since 2 September 2021.
The reason guarantees were not used for any of the above is because the conditions for recapitalization of SAA requires that all government guarantees to SAA should be cancelled upon disbursement of funds from government.
Remarks: Reply: Approved / Not Approved
Ms. Jacky Molisane PJ. Gordhan, MP
Acting Director-General Minister
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