South African Airways' business rescue practitioners want their appeal against a Labour Court order to be heard urgently.
Earlier this month, the Labour Court ordered that the retrenchment process by the administrators be halted until they provide a proper business plan.
Yesterday, they were granted leave to appeal the ruling after arguing
that another court might come to a different finding.
The ruling was a blow to the administrators who argued that the retrenchments are necessary to avoid the airline being liquidated.
SAA, which has not made a profit since 2011, has received bailouts of more than R20 billion over the past three years.
It is running low on cash after the coronavirus pandemic forced it to halt all commercial passenger flights."https://scontent-jnb1-1.xx.fbcdn.net/v/t1.0-9/100522750_3205167996202229_507813899169431552_n.jpg?_nc_cat=104&_nc_sid=8024bb&_nc_ohc=awcjOzClspAAX9cBC9s&_nc_ht=scontent-jnb1-1.xx&oh=b6cc2f0dfc30ef7aeb081449595a9cc7&oe=5EF3090A"
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