View Full Version : Rumors going round ??!?
Does anyone know what is going on with Rossair ?? I heard a rumor they are being shut down by banks (+/- 250 mill !!) Whats the deal ??? are they even still flying up north with red cross etc ...
Flying Bean
21st Dec 2003, 22:44
Don't have the link, but in Business Day (Joburg) on Friday 19th Dec there was a full report that the banks had agreed to reschedule and Rossair say they are going to make it.
All the Red Cross & UN contracts are no good if you are getting 30% less money (rand) into your RSA account than a year ago!
The Industry waits to see.
Goffel
22nd Dec 2003, 01:05
Make no bones,Ross Air is still going strong and will continue to do so in the future.
Their CEO,Eddie ???? was replaced by someone from the bank and things are already looking like "strong like lion".
It would drfinitely be a sad day if they had,had to have gone for a ball of ???.
The other thing is when the ????? hit the fan,they had no direct resignations due to the rumours.
Shows you the boys have definitely stuck together on that one.
The above came directly from their larney.(Sedge ??).:E