Flamboyant high-flyers bid for SA Express

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South Africa Headlines News

Flamboyant high-flyers bid for SA Express 🔒

Fly Modern Ark‘s Theunis Crous and Tabz Qadir, founder of Uprise. Africa, are in the running for the state-owned airlineTwo flamboyant personalities are in the running to buy state-owned airline SA Express, now in provisional liquidation.

Bids for the company closed on Friday with offers from Theunis Crous, founder of Fly Modern Ark aircraft leasing company, and Tabz Qadir, founder of Uprise. Africa, a “crowdfunding, private-equity platform” that has teamed up with a group of former employees.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

 

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