The crucial vote on the business rescue practitioners’ rescue plan for SAA is expected to take place at a creditors’ meeting on Tuesday, hopefully giving clarity on the way forward for the ailing state-owned airline.

Creditors voted at a meeting last month to delay deliberation on the plan until July 14. This was after majority trade unions the National Union of Metalworkers of SA (Numsa), the SA Cabin Crew Association (Sacca) and the SAA Pilots Association, alongside several creditors, sought to postpone a decision on the plan.

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 helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now