Embattled airline operator Comair said a creditors meeting to vote on a crucial business rescue plan will go ahead on Friday, despite a union attempt to derail it.
The airline’s spokesperson, Stephen Forbes, said he had it on good authority that the creditors meeting “to vote on the business rescue plan” will go ahead on Friday.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
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KZN's Fairmont Zimbali Hotel enters into business rescueThe owners of the luxurious Fairmont Zimbali Hotel announced on Thursday that the hotel has entered into business rescue
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KZN's Fairmont Zimbali Hotel enters into business rescueIFA Fair Zim Hotel & Resort Proprietary Ltd said the decision was prompted by the Covid-19 pandemic which “continues to disrupt local and global travel and tourism markets”.
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