South African Airways in takeover talks with three major competitors:
http://www.impactpub.com.au/micebtn/...1967&Itemid=50
"Troubled Johannesburg-based airline South African Airways (SAA) is believed to be in talks with Lufthansa, Emirates and bmi for those airlines to takeover and operate SAA's major international routes, including the well performed Australia route.
The deal, if it comes off, would see SAA selling its international traffic rights to the three airlines, which would then operate passenger and cargo services on the routes on behalf of SAA using their own aircraft and staff..."
Any more news on this?