Government says no to grounding SA Express
Business rescue practitioners were to present a comprehensive business case for the airline, but were told their plan was ‘wholly inadequate’
06 March 2020 - 15:05
The government has put a halt to SA Express’s business rescue practitioners plans to ground the ailing state airline.
SA Express was placed in business rescue last month after failing to settle its debt of R11m to global logistics firm Ziegler. It is the second state-owned airline to be placed in business rescue...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.