PPRuNe Forums - View Single Post - Mango - all you need to know about it (threads merged)
Old 15th May 2006, 18:35
  #193 (permalink)  
George Tower
 
Join Date: Dec 2002
Location: Cape Town SA and Manchester UK
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Nugpot

My point all the long has been that state run airlines in free markets do not work and moreover are immoral. The only lesson from history is that even in spite of unfair advantages in the market place they still fail due to a variety of issues

Although it is easier to prove that SAA is to all intents and purposes a liability, given that SAX is a seperate entity albeit within Transnet it is easy to make a few statements like I have done and then take them out of context.

The question I have is this for those of you getting shirty with me regarding SAX - if the SA government has a policy of privatisation which it says it does, then why, if SAX is as healthy as you all believe it is, is it not floated on the stock market?
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