THEBE MABANGA
THE Department of Public Enterprise has announced its intention to oppose a court application brought by SA Airlink against the South African Airways Business Rescue Plan, which is due to be voted on by creditors this week.
“The Department of Public Enterprises (DPE) was notified of a court application by SA Airlink aimed at interdicting the Business Rescue Practitioners (BRPs) from convening a Creditors meeting to vote on a business rescue plan for South African Airways (SAA),” the department said in a statement released on Monday.
The department says the application by SA Airlink also seeks to have SAA placed under provisional liquidation.
“The department is also aware of plans by the National Union of Metalworkers of South Africa (NUMSA) and the South African Airways Cabin Crew Association (SACCA) to interdict the Creditor’s meeting through the courts,” the department said.
The unions could not be reached for comment.
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