SA Express on Thursday became the second state-owned airline to go under business rescue after failing to settle a multimillion-rand debt owed to a contractor.

South Gauteng High Court judge EF Dippenaar ruled that the airline be placed under business rescue for failing to settle its debt of R11m to global logistics firm Ziegler SA...

BL Premium

This article is reserved for our subscribers.

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 Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now