SA Express to remain in provisional liquidation until 28 July 2021. The Pretoria High Court has granted another extension after Numsa brought an application opposing final liquidation.
The airline has been mired in turbulence over the past year with the liquidation cloud hanging over its operations.
BREAKING: SA Express will remain in provisional liquidation until 28 July 2021. The Pretoria High Court granted another extension. This time on the basis of a pending application by NUMSA to the Constitutional Court opposing final liquidation. #SAExpress
— Heidi Giokos (@HeidiGiokos) April 29, 2021
There was a preferred bidder/buyer for SA Express called Fly SAX but due to failure to provide a guarantee or payment, they did not meet the requirements. Prov liquidators therefore asked for an extension on the order of final liquidation to allow for NUMSA application.
— Heidi Giokos (@HeidiGiokos) April 29, 2021
In other news – Again! Shona Ferguson exposed
From working together to spending time together and showering each other with expensive gifts, we can’t help but love the Fergusons.
It’s also hard to miss the couple goals that he’s always serving with his wife, Connie, and it’s been 20 years. Learn more
Source: eNCA
