South African Airways reportedly issued a tender to sell a minority stake in its Voyager frequent flyer programme and technical divisions (Bloomberg/Sapa, 10-Feb-2010). Labour unions have expressed opposition to the process, as they see it as an attempt to privatise the carrier. However, South Africa’s Democratic Alliance (DA) welcomed what they called the “move towards privatisation”. DA added the carrier is also considering selling stakes in its catering and air freight divisions.
South African Airways to sell minority stakes in FFP and technical divisions
11-Feb-2010 1:26 PM