JOHANNESBURG - The SAA-Takatso Consortium deal seemed like a marriage that would solve the airline’s woes but it has come crashing down.
So, what now? What are the implications of the collapsed deal?
And with the state-owned entity firmly back in government’s hands, will the result be any different from the endless bailouts we’ve seen in the past?
On Wednesday, Public Enterprises Minister Pravin Gordhan said SAA employees didn’t need to worry about their jobs and that the airline would be able to sustain itself for the next 12 to 18 months.
- eNCA’s senior reporter Aviwe Mtila takes a look.