POLITICAL WEEK AHEAD: Vote on SAA rescue plan expected 🔒
The crucial vote on the business rescue practitioners’ rescue plan for SAA is expected to take place at a creditors’ meeting on Tuesday, hopefully giving clarity on the way forward for the ailing state-owned airline.
Creditors voted at a meeting last month to delay deliberation on the plan until July 14. This was after majority trade unions the National Union of Metalworkers of SA , the SA Cabin Crew Association and the SAA Pilots Association, alongside several creditors, sought to postpone a decision on the plan.
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