Embattled SA Express has filed an appeal against a court
judgement to place it into business rescue. The Johannesburg High
Court ruled in favour of business rescue after an urgent application
was filed by logistics company, Ziegler ZA, earlier this month. The
company claims that SAX owes it over R11m (see TNW February
12). The airline slammed the judgement in a statement, saying “the
court exceeded what was required and granted orders not sought by
the applicant”. “SA Express has been plagued by suppliers who are
currently under internal review for serious abuse of the procurement
system, unfair pricing and overcharging,” it said.
News Flash!
19 Feb 2020
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