Unions at SAA have approached the labour court for an urgent application to stop business rescue practitioners from retrenching staff at the ailing airline, until they have complied with legislation.
This came after the practitioners told employees that they intend to expedite retrenchments at the airline. In 2019, SAA entered business rescue, a form of bankruptcy protection aimed at rehabilitating a financially distressed company, after several years of operational losses and government bailouts that have exposed SA fiscal constraints.
“The BRPs, together with the SAA management, have deliberately ignored this option and instead are pushing for mass retrenchments through the cancellation of routes,” the unions said.disproportionately reducing routes.”
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SAA unions head to court to stop job lossesNumsa and Sacca want to stop business rescue practitioners from retrenching staff at the airline, until they have complied with the Labour Relations Act Haha haha. Yes where were you when you were being collectively raked by Dudu myeni? Unions are one of the big causes of South Africa’s economic demise! 'Paint the Model-T any colour you want, as long as it is black!' (Henry Ford). ' 'Business Rescue' SAA if you must, but don't you dare sell SAA, cut jobs & retrench staff, halt salary increases or touch our airline!' (Labour Unions).
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State prying into SAA plan may derail business rescueState must respect process it started despite looming retrenchments at national carrier They must learn to trust the business rescue team Business Rescue Practioners are no God whose decisions cannot be challenged. The state is the sole shareholder and major creditor of SAA and can intervene if it so wishes. Stop this nonsense of treating the BRPs as paragons of business wisdom Just bury the dead horse and stop playing with it's corpse...
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State prying into SAA plan may derail business rescueState must respect process it started despite looming retrenchments at national carrier It is the State's initial meddling & exerting undue influence on Cadre Deployed Ministers that are carefully chosen to head these entities,that brought upon this crisis. The Business Rescue Plan for flysaa must be able to work unprovoked free of hindrance from t meddling State
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