July 14, 2020 / 11:48 AM / a month ago

South African Airways creditors approve restructuring plan

JOHANNESBURG, July 14 (Reuters) - Creditors of South African Airways (SAA) approved a restructuring plan for the loss-making airline on Tuesday, one of SAA’s administrators told a creditor meeting.

Administrator Siviwe Dongwana told the meeting that the plan had been approved by 86% of voting interests. (Reporting by Alexander Winning)

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