BL Premium reports that the SA Airways (SAA) business rescue practitioners (BRPs) said on Wednesday that the state-owned airline would not resume domestic flights in mid-June. This was contrary to a statement issued by the company’s communications office on Tuesday.
SAA is in severe financial distress and has been in business rescue since December. Business rescue places the BRPs in full authority over the company. Spokesperson for the BRPs, Louise Brugman, said on Wednesday that the statement had been issued without their knowledge and was incorrect. SAA was not ready to resume flights, she stated. Brugman went on to add: “The position around the cessation of flights remains as is until SAA has a better sense of what level 3 lockdown means in terms of domestic air travel.” The SAA statement is the latest in the saga over the future of the airline, which the BRPs say must be “wound down” as it has no funds to resume operations. Public enterprises minister Pravin Gordhan and trade unions at the company are determined to save the airline or start a new one.
- Read the full original of the report in the above regard by Carol Paton at BusinessLive (paywall access only)
- See too, Business rescue practitioners shoot down SAA plan to fly under lockdown, at TimesLIVE
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