Web15 May 2024 · The face value of the transaction, according to media reports, was just $3, which the Takatso Consortium paid the South African government for control of South African Airways. The government, in turn, assumed huge liabilities carried over from the company’s previous phase. WebBut the former CEO of Comair and co-founder of Lift this week announced his resignation as a director of the Takatso consortium which is negotiating to acquire 51% of SAA. Forthright as ever, Novick says his team brought airline expertise to the consortium and invested heavily over 18 months in compiling a project plan – but despite its 20% shareholding was …
South African Airways Lands New Majority Equity Investment from …
Web11 Jun 2024 · Following the announcement by the Honourable Minister of Public Enterprises, Pravin Gordhan, the Takatso Consortium has expressed its delight and … Web14 Nov 2024 · Lift Airlines founder and industry veteran Gidon Novick has resigned from the board of the Takatso Consortium - South African Airways' chosen strategic equity partner … charlie chocolate factory rotten tomatoes
South African Airways was sold for $3, and it seems pretty …
Web11 Jun 2024 · The Ministry of Public Enterprises (DPE) announced today that the Takatso Consortium, comprising Harith General Partners, a leading investor in African infrastructure and airports, and airline management firm Global Airways, has been selected as the preferred Strategic Equity Partner (SEP) for South African Airways (SAA). Web11 May 2024 · The SCOPA meeting regarding the transfer of 51% of the shares in SAA to the Takatso consortium was characterized by both Godongwana and Gordhan being evasive, defensive and cagey about the SAA/Takatso deal. The refusal to provide details of the agreement is far from transparent and is of major concern for the ability of Parliament to … charlie chocolate factory poster