TUESDAY, 8.30AM
SA EXPRESS, jointly owned by SAA and Thebe Investments, has bought six new 50-seater jets from the Canadian company Bombardier, in an R600 milion deal that includes selling six old turboprop planes back to the Canadians.
The company, which has annual turnover of R240 million and is said to operate at a profit, raised most of the R600 million from loans in Canada and Britain.