South Africa's government announced Friday it would sell a majority stake in cash-strapped flag carrier SAA to a consortium that includes the operator of a local budget airline, effectively privatizing it.

South Africa agrees to privatise South African Airways

The Parliamentary panel concluded that the government should review its decision to privatise or disinvest Air India and explore the possibility of 'an alternative to disinvestment of our national carrier which is our national pride'

Don't privatise Air India, give it 5 years to revive: Parliamentary panel

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