The Department of Public Enterprises (DPE) has announced that it will approach the courts for permission to intervene in a court application against State-owned national flag carrier South African Airways (SAA) lodged by local private-sector airline SA Airlink (Airlink). The latter is applying to the court to interdict an SAA creditors’ meeting called by the flag carrier’s business rescue practitioners (BRPs) to allow the creditors to vote on a proposed business rescue plan for SAA. Airlink is ...
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