Airline operations suspended by SAA business rescue practitioners
Operations of all struggling airlines have been suspended "with immediate effect" by the SAA business rescue practitioners. Its business rescue practitioners (BRPs)
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Operations of all struggling airlines have been suspended "with immediate effect" by the SAA business rescue practitioners. Its business rescue practitioners (BRPs)
This comes after Mango refused to pay to South African Airways (SAA) for its services, which led to suspension of its services.
The Department of Public Enterprises (DPE) said on Monday that it is not certain with the date on when the R10.5 billion needed to restructure South African Airways (SAA) would be made accessible.
Tito Mboweni, who is the Finance Minister is expected to show forth his adjusted budget for the 2020 financial year in October.
South African Low-cost airline, Mango may be forced to cancel all flights from Saturday evening as SAA Technical decided to suspend its services due to non-payment.
The Organisation Undoing Tax Abuse (Outa) is beckoning on the government to close down SAA.