17-Jan-2020 12:12 PM
SA Airlink prepared to accelerate transition to new commercial agreement with SAA
SA Airlink CEO and MD Rodger Foster stated (16-Jan-2020) the airline intends to continue working with South African Airways' (SAA) business rescue practitioners "to find a solution that enables SAA to continue playing its important role in the Southern African market", but added: "We have a responsibility to take action to preserve Airlink's viability as a financially-robust, independent and privately-owned airline". Mr Foster said the transition from the airlines' franchise agreement to a new commercial agreement, currently scheduled for Jun-2020, may be accelerated "should SAA's circumstance worsen". [more - original PR]