Flight Centre issues order to halt SAA ticket sales
Flight Centre Travel Group and Travel Insurance Consultants take steps as the insolvent airline seeks up to R2bn to continue trading
28 November 2019 - 21:55
Market jitters over the future of SAA on Thursday saw one of SA’s largest travel ticket retailers decide to stop selling SAA tickets and a top travel insurer withdrawing insolvency cover for tickets sold going forward.
The news came as government officials from the National Treasury and the department of public enterprises met behind closed doors to discuss the future of the insolvent airline, which needs a government loan guarantee to continue trading. Without this SAA faces either liquidation or business rescue. ..
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