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SAA, Kenya Airways have long-term plan for pan-African airline group

‘It is not a merger but a partnership that seeks to re-organise KQ and SAA assets into an ecosystem that will make the South African and Kenyan aviation sector more competitive,’ Kenya Airways said.
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South African Airways (SAA) and Kenya Airways (KQ) have signed a cooperation agreement with a long-term view to create a pan-African airline group, the two companies said on Tuesday.

“It is not a merger but a partnership that seeks to re-organise KQ and SAA assets into an ecosystem that will make the South African and Kenyan aviation sector more competitive,” Kenya Airways said in a statement.

SAA said in a separate statement that the pact did not preclude either firm from pursuing commercial cooperation with other carriers and said collaborating would help contain costs.

State-owned SAA restarted domestic flights last week and this week launches a scaled-down international service to five African capitals, after its longstanding financial woes were exacerbated by the Covid-19 pandemic.

It exited administration in April thanks to another state bailout, and the government has said it will sell a 51% stake in the airline to a local consortium.

Kenya Airways’ passenger business has also been severely constrained by Covid-19, and it has focused on cargo to minimise losses.

Kenya has plans to renationalise the airline, whose code-share agreement with Air France-KLM for Africa-Europe routes ends this month.

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LOL — a Plan ne !!
Where are the design details, full costing calculation, implementation timelines, staffing and management requirements, legal clearances amongst 100 more??
You do not have a “plan” — merely a weird idea that it may happen !!!

It is a long term plan. They always work.

Hahahaaa. Yes. a SAA long term plan is called a SCAM in short.

End of comments.

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