South African Airways (SAA) was looking at the possibility of getting a strategic equity partner to provide capital for the airline, finance minister Malusi Gigaba told a media briefing yesterday (Tuesday) when he introduced the new SAA board members.
“We will continue to have discussions about the strategic equity partner for SAA because ultimately we are going to need not only private sector capital but also expertise for us to move forward and bring SAA back to sustainability,” he said.
He pointed out that a lot of work still needed to be done with regard to an equity partner and would announce the managerial structures of the process once it had formally started.
