Airlines
South African Airways Prepares To Execute Turnaround Plans
Anticipates selling equity stake, farming out excess crew
SAA Group CEO Vuyani Janara seeks some $1.2 billion in capital for South African Airways as part of a three-year turnaround plan.
SAA Group CEO Vuyani Janara seeks some $1.2 billion in capital for South African Airways as part of a three-year turnaround plan.

The new management of South African Airways (SAA) seeks 21.7 billion rand ($1.6 billion) and three years to implement a new turnaround strategy at the loss-making airline.


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