SAA business rescue practitioners get leave to appeal lay-offs

  • 📰 TheCitizen_News
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 75%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

'If there is no funding, we believe that the best option is a structured wind down, which is a better option than liquidation,' the BRPs said.

‘If there is no funding, we believe that the best option is a structured wind down, which is a better option than liquidation,’ the BRPs said.

The National Union of Metal Workers of SA and the SA Cabin Crew Association, which represent most SAA workers, had previously filed an application to halt the proposed retrenchment. “It is the considered view of the business rescue practitioners that there is still a reasonable prospect of rescuing SAA, subject to the receipt of unequivocal commitment thereto and the requisite funding,” they said.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 6. in BE

Belgique Dernières Nouvelles, Belgique Actualités