Nationwide suspends all operations

Nationwide Airlines has ceased all operations and cancelled their flights

Nationwide Airlines has ceased all operations and cancelled their flights. Airports Company of South Africa spokesperson Solomon Mogale says in a statement the company has voluntarily stopped all operations.

It cites a litany of issues relating to the suspension of flights last year after an engine fell off one of their planes. This includes spiralling fuel costs and a failed BEE deal, which resulted in a cash flow problem.

Nationwide chief executive Vernon Bricknell says: "Our cash-flow has become critical and as a result have decided to voluntarily cease all flight operations until further notice." He added: "We apologise to our loyal customers for any and all inconveniences experienced." - Additional reporting by Sapa