BREAKING NEWS: Nationwide Grounded (15h40)

ALL Nationwide flights from 13h30 today, April 29, have been cancelled until further notice. According to a source, liquidator West Trust has issued a liquidation notice. West Trust neither confirms or denies this. IATA spokesperson, Darren Sack, confirmed IATA had suspended Nationwide from the BSP this afternoon. Agents will, thus not be able to ticket Nationwide as of this afternoon. AGE, the investment company that was to have bought Nationwide, withdrew its bid on Saturday, April 26. AGE ceo, Reggie Naidoo, told eTNW that the bid was withdrawn as the deal was no longer “viable”. The airline is said to have grounded its flights due to cashflow problems. Airlines, BA Comair, kulula and 1Time have confirmed they will not be honouring Nationwide tickets. How has the grounding of Nationwide's flights impacting you? Send your comments to Jeanette Phillips (jeanettep@nowmedia.co.za) or click on the 'Reply to the Editor' button.