Time running out for SA Express

File: SA Express was placed under business rescue in April.

File: SA Express was placed under business rescue in April.

JOHANNESBURG - Time is running out for embattled SA Express.

The airline, which is in provisional liquidation, will need to have a new buyer in the next two weeks or it will face a final liquidation order.

READ: Court extends SA Express provisional liquidation

Fly SAX, which was the preferred bidder, has not been able to provide proof of funding.

Liquidators say it has not complied with the terms if a sale.

Source
eNCA

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