The airline gave the assurance that the Business Rescue process was well-coordinated with no disruptions to customers and employees
REGIONAL and domestic airline South African Express (SA Express) confirmed yesterday that all operations were set to continue as normal.
“Despite a plethora of well-known historical challenges, SA Express states that its board and executive team have made positive progress to ensure the long-term sustainability of the airline,” the company said in a statement issued yesterday.
“While the manner in which the introduction of the Business Rescue process occurred is unfortunate, this now provides the environment to facilitate the conclusion of initiatives that had already been initiated by the board and executive team.”
The statement added that in just under 24 months, SA Express’ board of directors and executive team had worked tirelessly to rebuild operations and reinstate governance structures while implementing the airline’s robust turnaround strategy.
“SA Express continues to affirm its critical importance to South Africa’s developmental objectives through its expansive aviation value chain which impacts multiple industries. At route level, SA Express makes a positive contribution and is an invaluable strategic national asset whose mandate includes economic development and job creation that is desperately needed in the country.”
The airline gave the assurance that the Business Rescue process was well-coordinated with no disruptions to customers and employees.
“SA Express’ board of directors and executive committee will continue to protect this national asset by pursuing and laying charges against those embroiled in malfeasance, irregularities and contraventions of the Public Finance Management Act.”
