SA Company Looks To Acquire Air Botswana :: Mmegi Online

Twenty years ago when Joshua Galeforolwe was still at the helm of national airline, Air Botswana (AB), the idea of privatisation popped up but to date never materialised. However, The Monitor has learnt that a South African company, Airshare Limited, could finally make this a reality.

According to documents shared with this publication, the Stellenbosch-based aviation operations consulting company that specialises in restructuring and finance last month sent a Letter of Intent to the Ministry of Transport and Communications for the acquisition of the airline.

“The letter confirms your and our mutual intentions with respect to the potential transaction described herein between Airshare Limited and AB. This document, in and of itself, does not represent an enforceable legal contract,” reads the letter authored by the company's chairperson, Sam Mufamadi.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.