Business Rescue of South African Airways (SOC) Limited

This page contains relevant and important information regarding the Business Rescue Proceedings of South African Airways (SOC) Limited (“SAA”, “Company”)

On 5 December 2019, SAA was placed under business rescue pursuant to the filing of a resolution in terms of Section 129(1) of the Companies Act 71 of 2008 (“the Act”) on 5 December 2019.

On 5 December 2019, Leslie Matuson appointed as the Business Rescue Practitioner (“BRP”) of SAA in terms of Section 129(3)(b) of the Act.

On 18 December 2019, Siviwe Dongwana was appointed as the Second Business Rescue Practitioner (“BRP”) of SAA in terms of Section 129(3)(b) of the Act.

DOCUMENTS AVAILABLE FOR DOWNLOAD

 

 

Business Rescue Plan and Notices

1. Notice of Publication of the Business Rescue Plan – South African Airways SOC Limited

2. South African Airways SOC Limited Business Rescue Plan

3. Annexure A – List of Material Assets

4. Annexure B – List of Creditors

5. Annexure C – Projected Statement of Income and Expenses and Cash Flow Forecast

6. Annexure D – Projected Balance Sheet

7. Annexure E – Liquidation Scenario

8. Annexure F – Schedule of Cash Receipts and Cash Utilisation

9. Annexure G – Schedule of Lessors

10. South African Airways SOC Limited – Notice of S151 Meeting

11. South African Airways SOC Limited – Proxy Form

12. S151 Meeting Guidelines

13. Proposed Amendments to Business Rescue Plan

14. SAA BR Creditors Voting Interest List

15. Notice of Outcome of s151 Meeting

16. Proposed Amendments to the SAA Business Rescue Plan

17. Proxy Form – Amendments to the SAA Business Rescue Plan

18. Proxy Form – Vote on the SAA Business Rescue Plan

19. SAA BR Creditors’ Voting Interest (7 July 2020)

20. Proposed Amendments to the SAA Business Rescue Plan (13 07 2020)

21. Proxy Form – Amendments to the SAA Business Rescue Plan (13 07 2020)

22. Notice of outcome of s151 Meeting (14 July 2020)

23. Annexure A – Fulfillment of Conditions

24. SAA BR Plan Condition fulfillment report(23 July 2020)

25. Proxy Form – Amendments to the SAA Business Rescue Plan (23 07 2020)

26. Notice of outcome of Creditors Meeting (24 July 2020)

27. Notice to All Affected Persons (28 July 2020)

28. Notice to Affected Persons (10 September 2020)

29. Notice to Affected Persons (17 September 2020)

Notice of Commencement of Business Rescue and Appointment of Business Rescue Practitioner

1. Notice of Commencement of Business Rescue and Appointment of Practitioner – Creditors

2. Notice of Commencement of Business Rescue and Appointment of Practitioner – Employees

3. Notice of Appointment of Second Business Rescue Practitioner

First Meeting of Creditors and Employees

1. Notice of First Meeting of Creditors – South African Airways (SOC) Limited

2. Notice of First Meeting of Employees- South African Airways (SOC) Limited

3. Presentation of First Meeting of Creditors

4. Presentation of First Meeting of Employees

Notices and Correspondence

1. Request for Extension of Publication of Plan – South African Airways (SOC) Limited

2. Approval of Extension for Publication of Plan – South African Airways (SOC) Limited

3. Judgment – in the matter between SA Airlink (Pty) Limited and South African Airways (SOC) Limited and the BRPs

4. Request for Extension of Publication of Plan – South African Airways (SOC) Limited – 20 March 2020

5. Approval of Extension for Publication of Plan – South African Airways (SOC) Limited – 26 March 2020

6. Court Proceedings – South African Airways (SOC) Limited – 26 March 2020

7.  Update to Affected Persons – South African Airways (SOC) Limited – 14 April 2020

8. Labour Court Order – Judgment

9. Labour Court Order – Judgment – Leave to Appeal

10. Notice to Affected Persons – South African Airways (SOC) Limited – 23 April 2020

11.  Notice to Affected Persons of the Institution of Court Proceedings by NUMSA and SACCA against SAA and Others in the Labour Court of South Africa

12. Application for Leave to Appeal

13. SAA – Update to Affected Persons (27052020)

14. SCOPA PRESENTATION 15MAY20

15. Request for Approval of Extension for Publication of Plan – South African Airways (SOC) Limited – 28 May 2020

16.  SAA (SOC) Limited – Approval of Extension for Publication of Plan (31 May 2020)

17. Request for Approval of Extension for Publication of Plan – South African Airways (SOC) Limited – 8 June 2020

18. Notice to Affected Persons of the Institution of Court Proceedings by SA Airlink against SAA and Others

18.1 Notice of Motion (21062020)

18.2 Notice of Motion – FA1 – FA20 (210620202)

18.3 Notice of Motion – FA21 – FA26 (210620202)

18.4 Notice of Motion – FA27 – FA29 (210620202)

18.5 Notice of Motion – FA 30 – FA31 (1 of 3) (210620202)

18.6 Notice of Motion – FA 31 (2 of 3) (210620202)

18.7 Notice of Motion – FA 31 (3 of 3) (210620202)

18.8 Notice of Motion – FA 32 – FA35 (210620202)

Update Reports

1. First Update Report – South African Airways (SOC) Limited

2. Second Update Report – South African Airways (SOC) Limited

3. Third Update Report – South African Airways (SOC) Limited

4. Fourth Update Report – South African Airways (SOC) Limited

 

CLAIM FORM

In order for the BRPs to ensure that your claim is captured correctly and reconciled to SAA’s ledger, all affected persons are required to complete the Online Claim Form, found below.

Please can you upload all necessary documents required in order to prove your claim, including where appropriate, statements of account, invoices, agreements, proof of delivery notes and calculations of amount owing up to the date of Business Rescue, 5 December 2019.

Online Claim Form - South African Airways (SOC) Limited

  • Required information


  • Creditors Security refers to mortgage bond, reservation of ownership, etc.

  • Bank details

  • Please Upload Proof of Bank Details. This is required before any Payments can be made.

  • Please upload all relevant supporting documents

  • I hereby declare and confirm that I am duly authorised to represent the creditor and that the details submitted in terms of the creditor’s claim are true and correct.

 

Manual Claim Form – South African Airways (SOC) Limited

A claim form has been provided for those unable to complete the Online Claim Form above.

Manual Claim Form – South African Airways (SOC) Limited

Please submit your manual claim, together with all supporting documentation, to creditors@saabusinessrescue.co.za 

 

CONTACT US

Should you have any queries, please contact us on creditors@saabusinessrescue.co.za