‘SAA Cargo not for sale’

We have read with disbelief
the unfounded and incorrect
inference in the article
“SAA Cargo is up for sale”
(FTW February 20, 2009.
We would have
appreciated if Ed
Richardson had confirmed
with us before publishing
the article.
The information is
not true. SAAC remains
a business unit of SAA.
What has been published in
fact is an assumption drawn
from the SAA restructuring
process where the Seabury
Consultants proposed
that SAAC should be
corporatised as one of the
initiatives.
Subsequent to a variety
of considerations,
SAA’s view is that cargo
is of strategic value
and therefore focus will
be placed on the internal
optimisation of the
business.
Thola Nzuza,
senior manager:
communications,
SAA Cargo.