Pravin Gordhan Assures SAA’s Survival and Growth Plans

  • Public Enterprises Minister Pravin Gordhan reassures South African Airways (SAA) staff of the airline's enduring presence and growth potential, despite the collapse of a strategic equity partnership deal with the Takatso Consortium.
  • Gordhan emphasizes the government's commitment to SAA's profitability, aiming for it to generate enough revenue to support the fiscus without relying on bailouts. He underscores the importance of combating corruption within the airline and promoting teamwork.
  • The Minister outlines SAA's corporate plan focused on gradual route expansion, leasing more aircraft, and ensuring job security with the help of aviation expertise. This plan aims to secure the airline's future presence domestically, across Africa, and internationally.
Published by
Miriam Matoma


In a resolute declaration, Public Enterprises Minister Pravin Gordhan has reaffirmed South African Airways’ (SAA) enduring presence and promising trajectory, assuring the airline staff and the nation at large that it is “here to stay”. This affirmation comes in the wake of the recent dissolution of the deal with strategic equity partner, Takatso Consortium, which raised uncertainties about the airline’s future.

Gordhan, addressing concerns head-on, articulated a vision of sustainability and growth for SAA, outlining a strategic plan aimed at achieving profitability without reliance on government bailouts. “Our ambition is that SAA will make enough profit to pay the government dividends. We have rebuilt the airline, and it will make profit that can support the fiscus instead of it looking for bailouts from government,” Gordhan emphasized, underlining the pivotal role SAA is poised to play in the economic landscape.

Reflecting on the airline’s recent tumultuous journey, Gordhan underscored the imperative of rooting out corruption and fostering a culture of accountability. “We should be grateful to government for the role it played to avoid liquidation. We will have zero tolerance for any corruption that rears its ugly head at SAA,” he asserted, signaling a firm stance against malpractice.

Gordhan’s commitment to collaborative efforts and cohesive teamwork resonated throughout his address, as he urged SAA staff to unite in pursuit of a common goal. “We have a bright future ahead of us. We need to work together. You must work as a team,” Gordhan reiterated, emphasizing the collective responsibility in steering SAA towards prosperity.

The Minister’s remarks during the Takatso Consortium deal announcement shed light on SAA’s strategic blueprint for sustained growth and operational stability. Gordhan elaborated on the corporate plan designed to expand SAA’s route network and enhance its fleet capabilities. “That corporate plan actually entails the gradual growth in the number of routes that SAA will take up in the course of the next few years,” he elucidated, outlining a strategic vision for domestic, continental, and intercontinental connectivity.

Moreover, Gordhan underscored the meticulous scrutiny of these plans, ensuring alignment with industry standards and safeguarding employment opportunities. “All of these plans will be rigorously examined with the necessary aviation expertise to ensure that jobs are secure, that the airline is secure, and that there is a future for SAA and its flag to be seen continuously within the country, within the continent, and across continents as well,” Gordhan affirmed, highlighting a commitment to sustainable growth and global prominence.

As SAA navigates through challenges and opportunities on its path to resurgence, Gordhan’s unwavering resolve and strategic foresight serve as pillars of reassurance for the airline’s stakeholders and the South African populace. With a steadfast commitment to integrity, collaboration, and visionary leadership, SAA is poised to reclaim its position as a beacon of excellence in the aviation industry, contributing to the nation’s economic vitality and global connectivity.

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Miriam Matoma

Miriam is a freelance writer, she covers economics and government news for Rateweb. You can contact her on: Email: miriam@rateweb.co.za Twitter: @MatomaMiriam