SACCA has appealed to government to urgently release the funds to keep SAA's aircraft in the air
The South African Cabin Crew Association has expressed serious concerns about the future of South African Airways ahead of the expiry of Sunday’s deadline for the government to grant the embattled airline a R2 billion bailout. It has appealed to the government to urgently release the funds to keep the airline’s aircraft in the air.
SAA’s business rescue practitioner Les Matuson has been in meetings with Public Enterprises, Trade and Industry and Treasury officials since Saturday to discuss the airline funding crisis.In a statement released on Sunday, the Public Entreprises Ministry says, “The Business Rescue process is unprecedented.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: SABC News Online - 🏆 32. / 51 Read more »