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Engineering News reports that the National Union of Metalworkers of SA (Numsa) and the SA Cabin Crew Association (Sacca) have jointly “noted” that the High Court has extended the provisional liquidation order for state-owned regional airline SA Express.
The provisional liquidation order was originally meant to have been made final on 9 June, but has been extended until 9 September. According to the unions, the court granted the extension because they have found a possible investor in the airline from the United Arab Emirates (UAE) and consequently approached the business rescue practitioners (BRPs) and the Department of Public Enterprises (DPE) to explore that possibility. “This extension will allow the investor to meet with DPE and hopefully come together on an agreement about the future of the airline. We understand the frustration of employees at SA Express who have not had an income since the end of February, and have been protesting out of frustration. This is why we are doing everything possible to find alternatives to liquidation, because we know it would worsen the situation for workers and their families,” said Numsa and Sacca. “
- Read the full original of the report in the above regard at Engineering News
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