• BEE winners and losers

    Creating real change and real jobs requires a new ideology, says Gerhard Papenfus.

  • Governance matters

    Addressing risk well and timeously can be a source of growth, says Ian Mann.

  • Road to riches

    Taxpayers keep funding structures with big plans but who knows what efficacy, says Mandi Smallhorne.

Loading...
See More

Boeing, anyone?

Nov 13 2008 21:14

Related Articles

Local airlines 'vulnerable'

 

Johannesburg - Three Boeings from the bankrupt Nationwide airline will go under the hammer on December 9, an auction company said on Thursday.

The Boeing 737/200s will be auctioned off at the OR Tambo International Airport, said Ariella Kuper, head of corporate sales at the asset sales and services specialist, Alliance Group.

Kuper said auctioneers expected the planes to each fetch "half a million dollars and upwards".

The auction is open to the public.

This comes after Nationwide was placed in provisional liquidation in April this year.

Its problems started in November 2007 when an engine fell off one of its aircraft during take-off from Cape Town.

The Civil Aviation Authority subsequently grounded the airline for several weeks.

- Sapa

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

SMALL BUSINESS

Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

How will you manage Vodacom’s price hike for contracts?

Previous results · Suggest a vote

Loading...