Velvet Sky has until March 5 to pay its overdue bills or be liquidated

Velvet Sky Aviation Boeing 737-3S3 ZS-SPU (msn 24059) JNB (Michael Stappen), originally uploaded by Airliners Gallery.

Velvet Sky Aviation (Durban) is facing a financial crisis. The new low-fare airline must be pay its overdue bills to BP Southern by March 5 or the latter company will seek liquidation in the South African courts according to this story by the Business Report.

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This entry was posted in Velvet Sky and tagged Velvet Sky on February 24, 2012 by Bruce Drum.

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