In this webcast, Thabisile Sikakane talks to Travel News journalist, Sarah Robertson, about plans to launch the new airline, Fly SAX, from the embers of SA Express. The recent winning bid for the airline, by an SPV (Special Purpose Vehicle, an investment instrument) created by airline employees, is one of the most creative airline funding schemes South Africa has seen and one of the country’s first state-owned-entity privatisation schemes.
