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Goodbye SA Express – final liquidation order granted

15 September 2022

Goodbye SA Express – final liquidation order granted

 

As SA Express is grounded for good, with the High Court delivering a final liquidation order on the embattled regional airline, eyes turn to another troubled airline – Mango. The airline was placed in voluntary business rescue in July last year An unnamed preferred bidder has provided the necessary confirmation of funds needed to secure its investment in the airline, with Sept and Oct 2022 set aside for the finalisation of the deal. But Public Enterprises warned the airline is not out of the woods yet and that the government still needs to carefully consider the offer and complete its due diligence.

 

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