Air Transport World

SAirGroup (1).(Statistical Data Included)

SAirGroup topped a bevy of rival bidders to acquire 20% of South African Airways from governmental public enterprises holding company Transnet for $230 million, with an option to raise its stake by another 10% within six months.

Swissair said the deal put it and its 10 partners in the Qualiflyer alliance in prime position to profit from fast-growing routes between Europe and Africa. …

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