SUNAIR Holdings Ltd, the holding company of the yet-to-be-launched airline, has announced the acquisition of an unnamed listed company on the Frankfurt Stock Exchange. In a letter to its shareholders posted on its website www.sunairholdings.com on September 1, the Sunair Board said trading would commence in four to six weeks. The Board said shareholders would shortly receive confirmation of their certificate numbers, amount of shares and the process required for trading. According to a note on the website, Sunair also expected to be listed on the London Stock Exchange on September 1. Sunair CEO, André Shaban, was not immediately available for comment. In May this year, he claimed Sunair would launch charter flights to West Africa after it had shelved plans for scheduled flights between Cape Town and London because of the prohibitive costs of acquiring suitable aircraft. The Milnerton-based company acquired the Sunair brand from the bankrupt airline a few years ago. It created much hype on its website about its intensions to re-launch Sunair as an international airline, which has been met with equal scepticism from aviation industry observers and financial commentators.
New claims by Sunair Holdings
Dignitaries ring the bell opening the trading floor at Meetings Africa 2025. Source: Dale Hes
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