South Africa’s SA Express Attracts 17 Proposals, Fin24 Says

Aug. 27, 2020, 4:42 AM UTC

State-owned regional airline SA Express has attracted 17 interested parties after it went into administration in April, Fin24 reports, citing a confidential report it says it has seen.

  • There is interest in specific assets, mostly to do with aircraft engines and components, according to the news website
  • There are no unconditional offers to invest in the company itself, reports Fin24

To contact the reporter on this story:
Renee Bonorchis in Johannesburg at rbonorchis@bloomberg.net

To contact the editors responsible for this story:
Amogelang Mbatha at ambatha@bloomberg.net

Eric Ombok

© 2020 Bloomberg L.P. All rights reserved. Used with permission.

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