Rescue practitioners for SAA engaging with government on new airline

SAA’s business rescue practitioners told creditors on Wednesday that they are continuing to engage with the government on plans for a new airline, which stands a reasonable chance of materialising if funds are made available.

The letter to creditors, published on practitioner Les Matuson’s website, also responds to the many criticisms made against the business rescue team by public enterprises minister Pravin Gordhan.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

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