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Old 26th Jul 2007, 18:20
  #36 (permalink)  
madherb
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So bearing this in mind, you now have Safair receiving no more financial backing from Imperial, yet still having to show a profit to the Imperial investors. Last I heard it was something ridiculous like 30% (you show me any aviation company who can consistently show that kind of profit every year)
So - the investors want a good return on their money. Are they getting 30% from NAC and Naturelink, also owned by Imperial Holdings? Sounds unlikely, if the new CEO has indicated that
“aviation is no longer part of its strategic vision.”
No more financial backing for Imperial's aviation companies. Hmm. Are any of the three able to stand up and fight without Imperial's money? If not, as SFF says, their existence may well be threatened.

But look! Enter the White Knight, stage left, bearing a large valise stuffed with cash. His name? Ah! Now that would be telling! (but it's not iKhaya.......)
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