South Africa: Successful SA Express Bidder Cherry-Picks Airline's Aviation Assets

Fly SAX wants to only purchase SA Express's flight routes, landing rights and aviation-related licences. The offer excludes SA Express assets, including its aircraft fleet, engine parts and spares for the aircraft. These assets will be sold through a public auction.

An entity led by SA Express workers is only interested in buying the airline's entire shareholding from the government and aviation assets that are lucrative.

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