After the statement of finance minister Tito Mboweni that the airline South African Airways (SAA) should be closed, the domestic carrier has ensured that it will not be closed and will not be sold.
News24 reports that SAA issued a statement in which it assured all its stakeholders, customers and suppliers that the business will be continued in the airline after the government explains that it will not be closed or sold.
SAA said he disagrees with the assurance of President Cyril Ramaphosy that he will not be sold what he did last week in the parliament.
He said the passenger plane said: "Implementation of the SAA strategy is on the right track and there are" green shoots "that point to the positive results of already implemented initiatives, in particular in the airline network."
In the SAA's statement, it was also stated that the passenger position is that it takes three years to bring the company to profitability.
"There is every decision to deal with long-standing problems to improve the company's performance, regain market share and provide its clients with a continuous and improved service," SAA quoted.
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