Tag: business rescue
SAA: Business rescue practitioner appointed
The Board of Directors of South African Airways (SAA) has announced that the notice of commencement of business rescue proceedings was filed with the...
SAA in business rescue – a historic event
The SAA will be officially under business rescue from today. That was the consensus between the legal teams of Solidarity, the SAA, the Minister...
SAA placed under Business Rescue
South African Airways (SAA) has been placed under business rescue.
Minister of public enterprises Pravin Gordhan, issued a statement in the early hours of Thursday...
SAA to seek a strategic partner “without delay”
SAA Group CEO, Vuyani Jarana, has given a written undertaking to trade union, Solidarity, to immediately initiate a process to procure a strategic partner....
Trade union confirms plans to place SAA under business rescue
In a letter to President Cyril Ramaphosa and Ministers Nhlanhla Nene and Pravin Gordhan, South African trade union, Solidarity, expressed its concern that the...