Audio By Carbonatix
Operations of South African Airways (SAA), the country's national carrier, have been suspended with immediate effect.
"This means SAA will complete repatriation flights that have already been scheduled but will not schedule any further flights," Business Day news site reports.
Administrators said they were putting the struggling state-owned carrier under "care and maintenance" until funding for a restructuring plan was found.
The airline was put in bankruptcy protection in December after heavy financial losses in the past few years, which have been exacerbated by the Covid-19 pandemic.
The government has not come up with more than 10.5bn rand ($621m; £483m) to support a restructuring plan outlined by administrators in June, EWN news site reports.
Latest Stories
-
Patience Akyianu, former Barclays Bank Ghana MD and Hollard Group CEO, reported dead
2 minutes -
Mahama pushes ‘health sovereignty’ agenda, says Global South needs control over resources
12 minutes -
Mahama: We are reforming systems, fighting corruption and improving use of public funds
17 minutes -
Catholic Bishops welcome task force to tackle drug menace, acknowledges NACOC’s efforts
26 minutes -
Ghana Catholic Bishops demand urgent action against drug trafficking
31 minutes -
Tamale: 5 arrested over suspected drug activities; police seize pistols, narcotics
42 minutes -
We have lost a great developer – Mankranso residents pay tribute to late DCE
44 minutes -
Ghana Law Society sets September 30 for maiden Bar Conference on legal reforms
1 hour -
GPL Week 3: Port City’s Gyetuah bags a brace as 9 outstanding players named NASCO Players of the Match
1 hour -
Visibility without substance is just noise; I don’t seek popularity—Dr Oppong-Fosu
1 hour -
The late Abubakar Sedik was an exceptional DCE – Ashanti Regional Minister
2 hours -
Black Stars must win next game against Côte d’Ivoire – Carlos Queiroz
2 hours -
Global Game Scouting Tournament set for September 25 kick-off in Accra
3 hours -
Queiroz outlines long-term plan to rebuild Black Stars for 2030 World Cup
3 hours -
‘Most important trophy now is the next game’ – Carlos Queiroz
3 hours