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SAA: Nothing irregular about Hong Kong's financial statements request

Monday, 22 August 2016, 09:52
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SAA: Nothing irregular about Hong Kong's financial statements request
South African Airways (SAA) says there is nothing irregular about a request from Hong Kong for the carrier to submit regulatory documents.
NATIONAL NEWS - South African Airways (SAA) says there is nothing irregular about a request from Hong Kong for the carrier to submit regulatory documents.

Sunday Times is reporting that the national carrier has been given until early next month to submit its annual financial statement or face deregistration.

If SAA fails to meet the deadline set by the Hong Kong registrar of companies on 6 September, it has threatened to ground all flights to that country.

The airline had requested a R5 billion bailout which Finance Minister Pravin Gordhan declined.
 

Read more about: finanical statements request hong kong SAA

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