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Old 28th September 2012 | 15:48
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skywalker001
 
Joined: Jun 2009
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From: Earth
What we are looking at is either the beginning of drastic change of the company's structure in order for it to survive, or the actual bankruptcy and liquidation of it.
Although pessimistic, I highly doubt it's the former. Lets face it, 50% of all crews' salaries for the month of September will hardly make a dent in the debt incurred by the airline (almost R500m). By process of elimination I think this is probably the beginning of liquidation.
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