Unions and staff representatives have agreed to severance packages for about 2 700 employees who will lose their jobs.
Despite R50 billion being pumped into the state airline, the current collapse was always likely thanks to political appointees, corruption and the ANC not deciding what it wanted out of SAA, writes Sabelo Skiti
‘Unique’ situation effectively gives airline two CEOs
Unions cite board apathy and lack of communication as they prepare for a strike that could cripple the state airline’s operations
Vuyi Raseroka is the latest executive at the crisis-prone airline to have their wings clipped
Despite millions being spent on consultants
and assurances of a turnaround, the state’s
airline has ‘nothing to show for it’
The board of SAA will brief the media on the resignation of chief executive Vuyani Jarana
In the past week, factions have used Jarana’s resignation as a tool in a bid to shake the powers of Public Enterprises Minister Pravin Gordhan
The chief executive has resigned but most unions are backing him and the board has yet to respond
With the state not taking tough decisions on its struggling state-owned enterprises, Gordhan’s detractors will continue to question his agenda
The resigned SAA CEO is now under investigation over the leaking of his resignation letter to the media
M&G investigative journalist Sabelo Skiti spoke to Eusebius McKaiser about SAA after their CEO resigned at the weekend
SAA has received R15-billion in government bailouts in the last year
An atmosphere of mistrust hangs over the airline’s board, its chief executive and its minister
SAA has been working closely with National Treasury and the department of public enterprises to steer itself to profitability
The national carrier has moved to assure customers and suppliers that it would not be ‘shut down or sold’
A related problem is that its maintenance and repair company could lose lucrative contracts
Bain & Company clarified on Monday that its managing partner would be taking time to focus on cooperating with the Sars commission of inquiry
A report reveals that weak financial controls are at the centre of the airline’s woes
The free-spending chief executive’s British hire is set to earn a cool R5m for just six months’ work
Vuyani Jarana says funding pressures dictated that South African Airways start looking for a strategic equity partner immediately
Former staff accuse ‘turnaround’ chief executive of purging those who fail to do his bidding
Nhantsi and Zwane were found to have acted dishonestly
Air Chefs, the catering arm of SAA, has launched a consultation process with unions that may lead to job losses
How SAA’s spending soared, the row over the ombud’s R80-million VBS investment and the mass action planned by Jacob Zuma’s supporters
Since November, the new airline boss has splurged on new hires and brought in expensive consultants
The national airways chief executive has taken up a challenge proposed by the Free Market Foundation
Jarana said there is now a “date in the future” where SAA will break even