unreasonable and greedy demands”.bout 2,700 SAA employees would lose their jobs, with voluntary severance packages being offered.
“For example, in the latest voluntary severance packages , the 600 SAA pilots make up 13% of SAA staff, and they consume 45% of the wage bill. The lowest earner of SAA’s 170 senior pilots earns R3.6m a year, excluding benefits and incentives. Of the R2.2bn proposed budget for the VSPs, pilots will get more than R1bn.”● Retrenching 1,548 employees and retaining 3,099 employees – 2,000 for the start-up of the new airline, 435 on a temporary layoff scheme, and 664 on furlough .
“SAAPA’s proposals seek to retain a much larger number of employees – in particular more pilots - in a new, restructured, viable and competitive airline that must emerge from a business rescue process for SAA. These purport to be affordable now, when in fact they would cause the base costs of starting a new airline to be substantially higher, unaffordable and unsustainable.
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