Question NW737 to the Minister of Public Enterprises
04 April 2024 - NW737
Essack, Mr F to ask the Minister of Public Enterprises
What are the full details of the Government’s plan with regard to the operation of the SA Airways in the short- to medium term, following the termination of the Takatso deal?
Reply:
- Following the termination of the strategic equity partner transaction, SAA’s plans are being enhanced to continue operating the airline
son a sustainable basis. - In the short term the airline will require strengthening the SAA Board and Management as well as raising funds for acquiring aircraft to expand the network. In the medium to long term, it will require developing a long-term strategy. The Board will present the strategy to Minister for consideration. Among the measures being taken/putting in place post the termination of the SEP transaction are the following:
- Strengthening the board,
- Strengthening the management with aviation specialists,
- Consolidating the strategic, operational and corporate plans with the support of aviation experts,
- Entering into longer term leases for aircrafts,
- Exploring alternative options for financing the expansion of SAA services,
3. We are past the “interim” phase of SAA’s recovery. It is important to hand over to the 7th Administration, a firmly consolidated and efficient SAA.