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Tue, Sep 15, 2020
Home Aviation SAA: Business rescue practitioner appointed

SAA: Business rescue practitioner appointed

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1 min read

The Board of Directors of South African Airways (SAA) has announced that the notice of commencement of business rescue proceedings was filed with the Companies and Intellectual Property Commission (CIPC) on 5 December 2019, as per Chapter 6 of the Companies Act 2008 (Act 71 of 2008).

The company is officially in business rescue.

The CIPC has processed the appointment of the business rescue practitioner, Mr Les Matuson from Matuson Associates in South African Airways’ voluntary business rescue process.

Jeanette Briedenhann
Jeanette Briedenhann
Jeanette Phillips joined the team in 2016. She developed a passion and love for all things-travel related in her role as travel journalist, a position she held for over seven years. A brief exodus into the corporate marketing sphere proved that there is no better industry than the travel industry. Research and writing are two of Jeanette’s greatest passions, but she is always open to new challenges and different ways of doing things.

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