After taking a 40% stake in FlyNamibia in September 2022, the South African regional carrier is on the look-out for similar ventures in southern Africa.
South Africa’s Competition Tribunal has conditionally approved Takatso Consortium’s plans to acquire a 51% stake in state-owned South African Airways (SAA).
A cardinal rule of investor relations is don’t surprise shareholders with a big, negative announcement just weeks after you told them things were getting better.
The aircraft is intended to reconnect the Cape Verdean diaspora and boost tourism for the island nation from Africa, Europe, North America and South America.