Bankrupt SA Express grounded: Seeking R200 mil ‘bail out’ from Treasury

The airline, SA Express, was once again prevented from resuming flights due to R70 million owing to ACSA for landing rights. In the meantime, SA Express has an account from suppliers that have redone the engines of their fleet. The company is currently negotiating with Treasury for a R200 million lifeline. According to aviation experts, … Continue reading Bankrupt SA Express grounded: Seeking R200 mil ‘bail out’ from Treasury