Unions oppose SA Express business rescue liquidation bid

JOHANNESBURG – Unions Numsa and the SA Cabin Crew Association are at loggerheads with the government over the application by business rescue practitioners to liquidate the state-owned regional airline, SA Express.

The unions yesterday said that the government should take responsibility for the destruction of the airline.

In a strongly-worded statement, the unions said SA Express was being destroyed by the government’s lack of commitment to save state-owned entities (SOEs), especially those in aviation.

“It seems what we have been warning about in relation to SOEs is coming to fruition,” the unions said.

SA Express was last month placed under involuntary business rescue due to financial pressures that resulted from years of poor management and state capture.

Source: iol.co.za