PPRuNe Forums - View Single Post - Nationwide Airlines SOLD??!!!!!
View Single Post
Old 30th Jun 2007, 20:03
  #15 (permalink)  
Goldfish Jack
 
Join Date: Jun 2000
Location: The World, although sometimes I wonder
Posts: 388
Likes: 0
Received 0 Likes on 0 Posts
Seems like it is the BEE group that is trying to get SunAir up and running again.

They have realised it is not as easy as they thought it would be,never mind all the paperwork with DoT and CAA, so now they are negotiting to buy into Nationwide.

Believe the deal is up to R50 million and is being financed by an overseas bank.
Goldfish Jack is offline