The
rescue practitioners of South African Airways (SAA) could still end up having
to say that the state-owned airline's rescue plan is not financially viable
anymore and unimplementable.
Then they would be forced to liquidate the airline because the business rescue process could not serve its purpose anymore, said Gideon Slabbert, a business rescue practitioner at Turnaround Rescue Solutions
That was why, in his view, the core question of SAA's business rescue process currently should be whether it still made sense.
