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South African Airways delays submission of business rescue plan

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Logistics Update Africa
South African Airways delays submission of business rescue plan

In a statement dated February 26, South African Airways’ business rescue practitioners (BRPs) Les Matuson and Siviwe Dongwana have sought creditor approval for permission to further extend the publication of the rescue plan from February 28 to March 31, 2020. A majority of creditors are said to have approved the proposal.

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Logistics Update Africa
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