# The Department of Public Enterprises and South African Airways have individually confirmed the sale and purchase agreement between SAA and Takayso is at an advanced stage. The statements come eight months after SAA selected the Takatso consortium as its equity partner to enable it to operate without further government bailouts. Takatso CEO Gidon Novick also confirmed negotiations with the department to buy a 51-percent stake in SAA continue. SAA was in business rescue for more than a year and resumed domestic commercial flights in September last year.