After his appointment in April last year on an interim basis, South African Airways (SAA) acting CEO Thomas Kgokolo is due to leave the airline at the end of April 2022.
According to ENCA, South African Airways says the airline has since made significant strides in improving revenue and reopening services, both locally and regionally. It says the airline will now fully focus on its transition to be led by its majority shareholder, Takatso Consortium.
READ: Aviation: Can South Africa Airways fly again after a $940m government bailout?
“Since exiting the business bailout in April 2021, SAA has made significant progress in improving revenues and reopening services both locally and regionally and is now fully focused on its transition to control by its majority shareholder. contemplated, Takatso Consortium, which will take a 51% stake in SAA later this year,” SAA said in a statement.
It will take a 51 percent stake in SAA later in the year. Johan Lamola will be taking over as CEO from 1 May. He was appointed as SAA’s interim non-executive board chairman in July 2021.
