SAA floats possibility of selling Heathrow slots to fund fleet expansion
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South African Airways has raised the possibility of selling slots at London Heathrow in order to help address the airline’s financial pressures.
SAA is government-owned and has been forced to revise its business strategy after a long-running attempt at privatisation collapsed earlier this year.
The carrier’s chair, Derek Hanekom, told a parliamentary public accounts committee meeting on 22 October that SAA had emerged from business rescue, in September 2021, a “seriously weakened airline”, but there had since been “steady growth”.
He says, however, …