Legal Articles and Guides
President charters jet at huge cost
President Cyril Ramaphosa and at least 11 passengers travelled at huge cost on an SAA A340 passenger jet to the Southern African Development Community summit in Kinshasa last week because none of the SA Air Force VIP fleet is serviceable.
Mango Airlines suspended from flying
The Air Services Licensing Council has suspended low-cost carrier Mango's licences. TimesLIVE reports that the airline has been in business rescue since July 2021.
Probe into excessive airline ticket prices
The Competition Commission yesterday said it is expediting its investigations into ‘excessive’ pricing by airlines after receiving formal complaints from consumers as ticket prices continue to soar.
Mango creditors agree to withhold R85m
Troubled state-owned low cost airline Mango’s creditors have agreed to the decision by its parent company, SAA, to withhold R85m.
Investment firm launches legal action over SAA sale
Government and SAA are being sued by a little-known investment firm, which wants the sale of a majority stake in the carrier scrapped and re-run due to a lack of transparency, reports My Broadband.
Nedbank owed R1.7bn by Comair
Nedbank is the institution with the biggest exposure to Comair, amassing nearly half of the total of R4bn the airline owed to creditors when it filed a court application last week to wind down its operations and liquidate its assets, reports BusinessLIVE.
Comair placed in provisional liquidation
Comair was placed in provisional liquidation by the Gauteng High Court (Johannesburg) yesterday, reports Fin24. The liquidation is necessary for Comair to preserve its fleet of aircraft, valued at about R3.5bn, for the benefit of creditors, according to the company's business rescue practitioners (BRPs).
Comair lists R3.5bn assets, R4bn liabilities
Comair has listed assets worth at least R3.5bn as its business rescue practitioners have lodged an application to wind down the company after failing to secure R500m to stay afloat.
Ticket prices to rocket after Comair liquidation
Comair, the once-thriving operator of Kulula and British Airways (BA) in SA, is set to shut up shop permanently after running out of cash, a development that could push local airline ticket prices to record highs and stall the recovery of the tourism industry and the broader economy.
Ryanair stands by Afrikaans test
Low-cost carrier Ryanair will continue requiring South African passengers to take an Afrikaans test to enter the UK, despite being accused of ‘backward profiling’, the company has said in a statement to the BBC.
State coughs up R225m after Mango court threat
Mango Airlines, a state-owned carrier, has been given another chance of survival after the government threw it a financial lifeline that might pave the way for its flight operations to resume and the conclusion of its 10-month-long business rescue process, reports the Daily Maverick.
Commission to monitor airline ticket prices
The Competition Commission has said it is monitoring airline ticket prices after Comair suspended operations this week due to a liquidity crunch, sparking fears that the remaining airlines could take advantage of reduced supply and hike fares.
Comair suspends all its flights
Comair last night announced that it has suspended all the Kulula and BA flights it operates under a licence agreement.
EFF vows legal action to stop sale of SAA to consortium
EFF leader Julius Malema says his party is consulting its lawyers to urgently stop the sale of SAA to Takatso Consortium – a politically-connected group linked to ‘white capitalists’ in SA.
Airlink seeks to recover ‘stolen’ money from SAA
Airlink has accused SAA of helping itself to its money and is taking the state-owned carrier to court in a fresh action to recover almost R1bn in revenue.
