South African airlines buyout will not affect KQ deal, says Joseph

The takeover of South African Airways (SAA) by a new buyer will not affect the plan to form a Pan-African Airline with Kenya Airways #ticker:KQ .

Kenya Airways (KQ) chairman Michael Joseph said Takatso Consortium, which is acquiring a 51 percent stake in the ailing South African carrier, has been involved in all the steps of negotiations since the talks began sometime last year.