SA Express under business rescue

South African state airline SA Express is under a form of bankruptcy protection known as business rescue, a spokeswoman for the airline said on Thursday.
Photo: File
JOHANNESBURG –  South African state airline SA Express is under a form of bankruptcy protection known as business rescue, a spokeswoman for the airline said on Thursday.
SA Express is a separate business to embattled state carrier South African Airways (SAA), which entered business rescue in December.
“The business rescue process is well-coordinated with no disruptions to customers and employees,” SA Express said in a statement. 

Source: iol.co.za