SAA aircraft up for sale

PUBLISHED: Thu, 16 Jan 2020 17:20:30 GMT
Share

Embattled airline South African Airways is selling some of its fleet. In a tender document, the airline says it is selling nine Airbus A340-300 and a 600 model aircraft as well as 15 spare engines and 4 auxiliary power units for an unspecified amount. SAA is currently in business rescue and is waiting for R2 billion lifeline from the National Treasury to stay in operation into next month.

Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.