Air Botswana not for sale

Friday, October 05, 2007

FRANCISTOWN: After confirming South Africa's privately owned airline, Airlink as the preferred bidder for the acquisition of a 49 percent stake in Air Botswana, Cabinet has had a change of heart. Mmegi has been informed that negotiations between the Botswana government and Airlink ended this week Wednesday after a Cabinet vote which favoured the dumping of the deal as it was not deemed viable anymore.

Cabinet, sources say, concluded that the ailing Air Botswana (AB) should instead be revamped with public funds. There will be an option to look for a potential partner in the future.

Cabinet prefers a reputable foreign partner that will retain the national colours of blue, white and black.

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