South Africa
SA Express placed under provisional liquidation─── 12:09 Tue, 28 Apr 2020
The High Court has placed SA Express under provisional liquidation.
All affected parties still have time to oppose or motivate why final liquidation should not be ordered.
In the meantime, a liquidator will be appointed.
The rescue practitioners say there's no hope of SA Express making it after the government denied post-commencement funding.
South African Express is also unable to pay workers for March and most of April.
Since the airline was placed into business rescue in February, the rescue practitioners have failed to secure funding from government.
