Tag: voluntary business rescue

How will the Southern African airline industry emerge from COVID-19 crisis?

The global aviation industry is experiencing devastating financial losses during the Covid-19 pandemic, which is resulting in job losses, airline restructuring and the complete dismantling of airline businesses. Here in South Africa we have been served with our fair share of airline troubles as this week Comair entered into voluntary business rescue and SAA is looking at developing a new national carrier. Joining CNBC Africa to unpack the latest on Southern Africa’s airline industry and national carrier South African Airways is Chris Zweigenthal, Chief Executive Officer of the Airlines Association of Southern Africa.
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