A SA Enlighten jet on Cape City Global Airport’s runway.
Gallo Photography/Grant Duncan-Smith
SA Enlighten’ provisional liquidators possess started auctioning more of the airline’s assets as they run against time to steer clear of a closing liquidation.
GoIndustry DoveBid SA has advertised auction of SA Enlighten’ Bombardier jets, engines, other tools as well as licenses and other infrastructure “required to operate an airline in Southern Africa”.
Within the advert which GoIndustry DoveBid SA says was once ordered by the airline’s joint liquidators, it additionally said that it’s accepting provides for either the assets or “the sale of the industry in its entirety as a going downside”.
The North Gauteng High Court in Pretoria gave the joint SA Enlighten provisional liquidators the greenlight to promote and transfer property of the relate-owned airline in mid-June. It additionally allowed them to bewitch a peek at and attract recent funding for the airline.
- READ | SA Enlighten provisional liquidators can promote, transfer property, court principles
SA Enlighten was once placed into provisional liquidation in April after its industry rescue rescue practitioners and the Department of Public Enterprises would per chance perchance now not agree on a rescue draw. This followed the inserting of the regional airline into industry rescue by one among its service services, ZieglerSA, in February.
The joint provisional liquidators try to steer clear of closing liquidation in order that the airline is now not going to lose its operating licence. GoIndustry DoveBid SA has requested parties to explicit hobby by no later than 3pm on 21 July 2020.
Compiled by Londiwe Buthelezi