“Although we are not entirely satisfied with the plan and will deal with the shortcomings in due course, we are relieved that the drawn-out and rather wasteful Business Rescue process is now coming to an end,” the unions said in a statement.
The new flight path for SAA got the support of 86 percent of the banks and other creditors it owes money to., has been appointed the airline's interim CEO.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »
BREAKING NEWS: SAA creditors support business rescue planCreditors voted overwhelmingly in support of the plan, meaning the government has to find more than R10bn in funding
La source: BDliveSA - 🏆 12. / 63 Lire la suite »
86% of SAA creditors approve revised business rescue plan, new CEO appointedFollowing a creditors meeting held on Tuesday, 86% of South African Airway's creditors have voted in support of the revised business rescue plan. Phillip Saunders has been appointed the new interim CEO.
La source: IOL - 🏆 46. / 51 Lire la suite »
La source: TheCitizen_News - 🏆 6. / 75 Lire la suite »