Whether or not government takes on a strategic business partner for embattled carrier South African Airways (SAA) remains under discussion, Public Enterprises Minister Lynne Brown said on Thursday.
"It will come out in terms of a process that is happening in SAA at the moment. I still want a turnaround strategic person or company to be appointed, to help us in SAA to work off our balance sheet," she told reporters in Cape Town.
Speaking at a government economics cluster media briefing, she stressed that the state did not have money to bail out SAA.
"And I think that came out very clearly in the [recently-tabled] medium-term budget policy statement."
Brown repeated that her department needed to look at a new business model for SAA.
"And then, to match that, a new financial model. And within that financial model, it will then determine whether we take a strategic partner, or whether SAA can live off its balance sheet.
"So it remains in the pool for discussion. It hasn't been removed," she said.
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