Photographer: Waldo Swiegers/Bloomberg

South Africa Hires Bain, Abacus to Advise on State Airlines

Updated on
  • SAA, SA Express survive on state guarantees, Mango made loss
  • Options may include sale of minority stake, non-core assets

South Africa hired Bain & Co. to advise on the strategy and corporate structure of the country’s three loss-making state-run airlines to improve the benefit to the state from owning the carriers.

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