Tag: SAA
SAA liquidation means financial hardship, DPE warns
The Department of Public Enterprises (DPE) cautioned South African Airways (SAA) employees, labour unions and creditors that the liquidation of the airline will lead...
SAA to be placed under ‘urgent’ business rescue’
In a leaked report seen by Eyewitness News, Ramaphosa addresses ministers and deputy ministers to change Cabinet’s approach in addressing the dire situation the...
South African Airways strike is much more than a pay issue
When the pay strike at South African Airways is eventually settled, the quantum of the increases awarded to workers will only partly determine who...
Passengers warned not to fly with “unsafe” airline
Unions have warned passengers against flying with South African Airways (SAA), after large numbers of staff went on strike this week. Numsa have been leading...
SAA Acting Chief Executive addresses calls for secondary strike
Zuks Ramasia the Acting Chief Executive of South Africa's national carrier South African Airways addressed members of the media at a media briefing held...
South African Airways embarks on a restructuring process which may lead to job losses
South African Airways has informed all its 5146 employees that it is embarking on a restructuring process which may lead to job losses.
Acting Chief...
SAA cannot generate cash flow currently – Tito Mboweni
South Africa's Minister of Finance, Tito Mboweni, said that South African Airways (SAA) was unlikely to ever generate sufficient cash flow to sustain operations in its...
SAA flight cancellations due to aircraft recall
An amended flight schedule may operate for today, October 22 as South Africa Airways (SAA) has made the decision to recall an aircraft while...
‘SAA must be placed under business rescue to protect taxpayer money’
An application for the business rescue of South African Airways will be brought by Solidarity, as part of a tax protest campaign it is...
Turbulence as SAA board chair Magwaza tenders his resignation
Embattled national carrier South African Airways (SAA) was yesterday thrown into further turmoil with the resignation of board chairperson Johannes Magwaza.
His resignation came hardly...
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