South African Airways (SAA)—which has undergone five CEO/acting CEO changes in just two years—is seeking a strategic equity partner and has warned that full implementation of its long-term strategy (LTTS) is “critical to its continued ongoing operations.” On Tuesday, SAA acting CEO Nico Bezuidenhout announced an urgent 90-day push to revive the turnaround plan, covering liquidity, future funding, governance, assets and transparency. “The importance of the 90-day ...

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