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South African Airways faces High Court challenge over CEO recruitment

Suspended acting chief executive Matshela Seshibe has brought an urgent High Court challenge seeking to be considered for South African Airways’ permanent group CEO position. The case puts the airline’s leadership selection process under legal scrutiny as it works to fill its top executive role.

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China Express Airlines’ controlling shareholder pledges 24.4 million shares

China Express Airlines Holdings, the carrier’s controlling shareholder, pledged 24,390,247 shares to Huaneng Guicheng Trust on Oct. 13, 2026, to finance equity investments. The transaction puts a block of the airline’s shares behind the shareholder’s investment financing, though the report does not specify the pledge’s value or other terms.

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