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After SAA, SA Express slips into business rescue process

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Logistics Update Africa
After SAA, SA Express slips into business rescue process

Another airline to follow the path of South African Airways (SAA) is SA Express, which has been served with an urgent court application to be placed under business rescue.

As per EWN, transport and logistics company Ziegler filed the application in the High Court in Johannesburg in January 2019, in a bid to recoup around R11 million in debts. This spells more trouble for the state-owned airline, which is facing several debt-related problems.

 

https://www.logupdateafrica.com/after-saa-sa-express-slips-into-business-rescue-process-aviation

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