Employees to bid for SA Express

Thabsile Sikakane, spokesperson for aviation company Fly-SAX explains the group's proposal to purchase embattled airline SA Express. Courtesy of #DStv403

JOHANNESBURG - SA Express workers are ready to save the troubled airline and take over its destiny.

They're bidding to buy the state-owned airline which was placed under business rescue in February.

READ: SA Express provisional liquidation extended

Thabsile Sikakane, spokesperson for aviation company Fly-SAX, said the workers believe in the brand and think the model can work.

"We think the brand is very strong. We've got a willing team of highly skilled people that have been working at the former SA Express and we still believe that the model can work," she said.

READ: SA Express could be bought: provisional liquidator

"It's a rebirth. It's a new airline from scratch with no liabilities and no historical debt, so we will be starting afresh."

Sikakane said the company is seeking investments from anchor funders as well as obtaining investment from the public through crowdfunding.

Source
eNCA

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