Home
/
business rescue practitioners

You Searched For " business rescue practitioners"

In a statement dated February 26, SAA’s business rescue practitioners (BRPs) Les Matuson and Siviwe Dongwana have sought creditor approval for permission to further extend the publication of the rescue plan from February 28 to March 31, 2020.

Covid-19 extends SAA’s business rescue plan to May 29

Our Correspondent29 March 2020 1:53 PM IST

South African Airways (SAA) which slipped into a business rescue plan in December last year has received another extension from lenders and creditors...

In 2020-21 budget, the South African government has allocated a total of $1.06 billion to allow SAA to repay guaranteed debt and interest costs.

Latest News

South African Airways delays submission of business rescue plan

Our Correspondent3 March 2020 7:29 PM IST

South African Airways’ business rescue practitioners (BRPs) Les Matuson and Siviwe Dongwana have sought creditor approval for permission to further...

SAA's business rescue practitioners declared last week that the bankrupt airline would be cancelling all of its domestic routes by the end of February.

Latest News

South Africa’s Airlink to continue operations on abandoned SAA routes after Feb 29

Our Correspondent10 Feb 2020 5:21 PM IST

On January 31, South African president Cyril Ramaphosa has ordered probe from special government investigators for South African Airways (SAA) that he believed to have operated corruptly dating back to at least 2002.

Latest News

Disasters piling on SAA: Now South Africa’s Airlink to sue for $47 million

Our Correspondent5 Feb 2020 5:21 PM IST

During the first meeting of creditors on December 20, BRPs’ Leslie Matuson and Siviwe Dongwana said the state-owned carrier stands a

Latest News

South African Airways business rescue practitioners to present turnaround plan by Feb 2020

Our Correspondent26 Dec 2019 6:58 PM IST