Comair creditors and shareholders voted to adopt a business rescue plan on Friday, placing the troubled airline operator one step closer to recovery.
The rescue plan was adopted despite attempts by unions to derail the meeting. The National Union of Metalworkers of SA , which is the majority union at Comair, had refused to attend a stakeholder meeting on Thursday to prepare for the Friday meeting during which the rescue plan was adopted, saying it was not adequately consulted on the choices presented by the rescue practitioners.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Troubled Comair offloads 400 jobs as it adopts business rescue planThe airline said its turnaround plan will focus on reducing operating costs and growing ancillary revenue.
Fuente: SowetanLIVE - 🏆 13. / 63 Leer más »
Comair to return to service in December after business rescue plan gets green lightComair will gradually return to service from December, with a seven-month ramp-up period until June 2021, after the vast majority of creditors and shareholders voted to adopt the business rescue plan.
Fuente: IOL - 🏆 46. / 51 Leer más »
Numsa digs in over Comair business rescue meetingThe union says the airline operator is ‘blackmailing’ members into signing a collective agreement ahead of vote
Fuente: BDliveSA - 🏆 12. / 63 Leer más »
Troubled Comair offloads 400 jobs as it adopts business rescue planThe airline said its turnaround plan will focus on reducing operating costs and growing ancillary revenue.
Fuente: SowetanLIVE - 🏆 13. / 63 Leer más »