Business rescue finalised: SAA cleared for take-off
Business rescue finalised: SAA cleared for take-off South African Airways’ business rescue process has finally ended, with the rescue practitioners wrapping up their efforts and filing an implementation notice with authorities. South African Airways (SAA), which was placed into business rescue in December 2019, is now back in the hands of its own management team since business rescue practitioners Leslie Matuson and Siviwe Dongwana terminated the airline’s drawn-out rescue process by filing SAA’s Notice of Substantial Implementation with the Companies and Intellectual Property Commissio...