Home South Africa News SAA business rescue plan to be published at end of March

SAA business rescue plan to be published at end of March

South Africa Airways (SAA)

The plan was expected to be published before the end of next week Friday. The SAA business rescue team has received approval to extend the publication of the business rescue plan to the end of March this year.

The plan was expected to be published before the end of next week Friday.

The state-owned airline has been under business rescue for two months.

The Democratic Alliance (DA) had called on creditors to reject a request by the practitioners to delay publishing the rescue plan.

Unions Numsa and the SA Cabin Crew Association had threatened to take SAA to court if the business rescue practitioners released the airline’s rescue plan, arguing that they were not consulted.

In other news – AKA’s mom opens up about AKA and DJ Zinhle break-up

Even though Mzansi’s favourite couple, AKA and DJ Zinhle, are no longer together, businesswoman and AKA’s mom, Lynn Forbes, has expressed that her relationship with Kairo‘s mom will never change.

Lynn Forbes AND dj zINHLE

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After months of speculation about the status of their relationship, AKA confirmed last month that he was no longer dating Zinhle, during an interview on Metro FMcontinue reading

Source: EWN

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