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R12m for foreign firm to manage SA's airline mergers

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Cape Town - It will cost government R12.1m to make use of the services of Bain and Company, the Boston-based consultancy firm appointed to manage the merger of South Africa’s three state airlines - SAA, Mango and SA Express, said Public Enterprises Minister Lynne Brown. 

Responding to a parliamentary question posed by the DA’s Alf Lees, Brown said the scope of the work entails the development of an “optimal corporate structure to re-align the state-owned airlines” and that the consultancy will take cognisance of industry best practices.

READ: SA hires Bain, Abacus to advise on loss-making airlines  

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