South African private-sector airline company Airlink has stated that it respects, but is disappointed by, the decision of the South Gauteng High Court not to interdict the Thursday meeting of creditors of State-owned South African Airways (SAA), which is currently under business rescue. The purpose of the meeting is to allow SAA’s creditors to vote to accept or reject the business rescue plan proposed for the State-owned national flag carrier. “We had sought to interdict the meeting and to have ...
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