South Africa agrees to privatise troubled SAA airline

O.R. Tambo International Airport South African Airways

Travellers queue at a South African Airways information counter at the O.R. Tambo International Airport in Johannesburg, South Africa. 

Photo credit: Michele Spatari | AFP

South Africa's government announced Friday it would sell a majority stake in cash-strapped flag carrier SAA to a consortium that includes the operator of a local budget airline, effectively privatising it.

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