Question NW2109 to the Minister of Public Enterprises

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30 June 2023 - NW2109

Profile picture: Esau, Mr S

Esau, Mr S to ask the Minister of Public Enterprises

What are the detailed circumstances around the sale of the SA Airways (SAA) fleet by a certain person (name furnished) to a company owned by the specified person and subsequently leased to SAA and (b) who authorised the specified sale?


According to the information received from SAA

  1. The record shows that during Coleman Andrew’s tenure as CEO, the Board on 14 April 2000, considered the sale and leaseback of B737-200 aircraft and approved:
  1. The sale of 13 B737-200 ADV aircraft (11 passenger and 2 freighters) to SafAir, or a party nominated by SafAir acceptable to SAA.
  2. That SAA enters a 5 and half year leaseback in respect of each aircraft.
  3. That SAA leases an additional 3 B737-200 aircraft from SafAir if required by the Airline; and
  4. That SAA leases 2 new generation narrow-body aircraft from SafAir provided the terms were equal or better than the other offers received by SAA.

Note that SafAir is a South African aircraft leasing company and there was no declaration in the minutes that this company was owned by Mr. Andrews.

  1. Based on the above Board resolution, the sale was authorized by the Board at the time.


Remarks: Reply: Approved / Not Approved

Jacky Molisane P J Gordhan, MP

Acting Director-General Minister

Date: Date: