Coleman Andrews is quoted in the Financial Mail of the 20th August as saying that Sun Air only had sufficient funds to continue operations until Saturday, the day after Sun Air ceased flying.
Skyvan says,"Unfortunately, in the business world, it seems that morality has no place (worse luck for all). If the SAA management saw a way to close down one of the opposition companies, then took the opportunity, then such is business."
Would some-one please explain to me why a businessman, with his company's best interests presumably at heart, decided to try and buy out an airline that was going to fold up the next day anyway. Please don't tell me it was because he was protecting the ticketholders; those people still could have been carried by SAA without having to acquire Sun Air. Protecting the staff? They could still have been interviewed and hired if found suitable.
Was SAA forced into attempting to save the black empowerment group Rethabile from embarassment, so that at least they would be able to walk away from Sun Air with their finances intact? Did Coleman rush in, and bungle it, now causing government to have to step in to save itself from embarassment?
Something smells bad in this kitchen, and it ain't the soup.