logo
logo

After SAA, SA Express slips into business rescue process

avatar
Logistics Update Africa
Feb 07, 2020 05:13
img

Another airline to follow the path of South African Airways (SAA) is SA Express, which has been served with an urgent court application to be placed under business rescue.

As per EWN, transport and logistics company Ziegler filed the application in the High Court in Johannesburg in January 2019, in a bid to recoup around R11 million in debts. This spells more trouble for the state-owned airline, which is facing several debt-related problems.

 

https://www.logupdateafrica.com/after-saa-sa-express-slips-into-business-rescue-process-aviation

collect
0
avatar
Logistics Update Africa
Feb 07, 2020 05:13
guide
Zupyak is a free content platform for publishing and discovering stories, software and startups.