South African Airways (SAA) Rescue

The state of South African Airways' (SAA) finances continues to impact various stakeholders negatively, and this is likely to continue until its business rescue practitioners present a turnaround plan for the company at the end of March. This is according to Justine Hoppe, Director at Mazars Recovery and Restructuring, an internationally integrated partnership, specialising in audit, accounting, tax and advisory services, who points to the recent judgement by the Gauteng High Court in South Africa, which dismissed South African Airlink's application to compel SAA to pay funds it alleges were held by SAA on Airlink's behalf. Justine Hoppe chats with Channel Africa's Lebogang Mabange.