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South African Airways

South African Airways (SAA) is the flag carrier of South Africa. Founded in 1934, the airline is headquartered in Airways Park at O. R. Tambo International Airport in Johannesburg and operates a hub-and-spoke network, serving 13 destinations in Africa and two intercontinental destinations to Perth, Australia and S??o Paulo, Brazil. The carrier joined Star Alliance in April 2006, making it the first African carrier to sign with one of the three major airline alliances. The airline entered voluntary business rescue in December 2019 as a result of financial difficulties, and suspended all operations the following year. In June 2021, the South African government announced that SAA would be partially privatised in a Strategic Equity Partnership (SEP) transaction with the Takatso Consortium, which would hold a 51% controlling stake and 49% remaining with the State. After almost three years of protracted negotiations, the government terminated...

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wikidata.org 0 views · 2024-12-26 20:42:19

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