Government has until the end of business on Monday to provide the conformation guarantee letter to the South African Airways (SAA) Business Rescue Practitioners (BRPs).
South African Airways (SAA) Business Rescue Practitioners say they will convene a meeting with creditors on Friday to discuss the guarantee confirmation letter that is yet to be provided to the airline.
The Democratic Alliance (DA) has welcomed Finance Minister Tito Mboweni’s commitment not to use his emergency powers to bailout SAA.
The Democratic Alliance (DA) is hoping the High Court in Pretoria will this week hear its case in which it will seek to interdict government from bailing out South African Airways (SAA).
The Black Management Forum (BMF) has expressed unhappiness over the appointment of Philip Saunders as South African Airways Interim CEO.