South African Airways (SAA) may exit administration at the end of February and a decision on an equity partner for it could be made by the end of March, the department of public enterprises said on Wednesday.
The public enterprises department said in a presentation that the remainder of a R10.5bn bailout could flow to the airline now that an appropriation act had been passed.
A plan for SAA to resume operations had not yet been agreed, it said.
SAA could exit administration this month, government says
South African Airways (SAA) may exit administration at the end of February and a decision on an equity partner for it could be made by the end of March, the department of public enterprises said on Wednesday.
The public enterprises department said in a presentation that the remainder of a R10.5bn bailout could flow to the airline now that an appropriation act had been passed.
A plan for SAA to resume operations had not yet been agreed, it said.