27 Oct 2023

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'Out of ICU': Gordhan says Takatso deal will be concluded soon, as SAA launches Brazil route

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Lameez Omarjee
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SAA is lauching a route to Brazil, the first intercontinental flight since exiting business rescue.
SAA is lauching a route to Brazil, the first intercontinental flight since exiting business rescue.
Silas Stein/Getty Images

­­­­­The SAA-Takatso deal is "pretty much still on," with hopes that it will be concluded either later this year or early next year, according to Public Enterprises Minister Pravin Gordhan.

The minister was speaking at an event on Thursday night in Cape Town that marked the launch of SAA's first intercontinental flight - since it exited business rescue in 2021. This development has been two years in the making.

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takatsosaapravin gordhanbrazilsouth africaaviationbusiness rescue
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