SACCA's Christopher Shabangu says, the salaries are very important but the jobs are even more important.
"We have business practitioners that have to do their work but can't because there is no money. Now we hear SAA is selling nine aircraft that is not done by practitioners."Watch the full interview with SACCA's Christopher Shabangu in the video above.
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Liquidation of SAA not 'current scenario', say business rescue practitionersWhile the struggling state-owned airline has not yet received an additional R2bn in funds from Treasury, its business rescue practitioners say liquidation is not yet on the cards. Fin24 Airlines are struggling globally Fin24 South Africa cannot liquidate something that belongs to China. Maybe change the name to Chinese African Airways. Make the planes red with yellow stars. Put a dragon on the wing.
Source: News24 - 🏆 4. / 80 Read more »
SAA flights, salaries at risk if government doesn't pay R2bn bailout soon - union | IOL NewsSAA could have to suspend some flights and delay salary payments if the government can't come up with a plan to provide the R2 billion it promised. Oh yes, they can’t pay the salary? The poor guys! But, why shall the tax-payers jump in AGAIN ? It is a damn never-ending story. Why are employees still with such un unreliable employer ? Go and look for another, secure job ! Everything For Free
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Embattled SAA selling nine Airbus planes, spare engines | IOL NewsSAA, which was placed in a form of bankruptcy protection late last year, is selling the Airbus A340-300s and A340-600s as well as 15 spare engines, the document said. Bye! Political meddling led to this institution being plummeted to the ground. Eskom hit the touch line, you’ve got next. Sell mango also
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SAA selling nine Airbus planes and 15 spare engines - tender documentSAA has put up for sale nine of its Airbus aircraft, according to a tender document seeking proposals from interested buyers that was seen by Reuters on Thursday. Beginning of the end. Sad for the people who are going to loose their jobs. More misery for the people proudly brought to you by the anc and it's voters
Source: SowetanLIVE - 🏆 13. / 63 Read more »
Treasury in talks for extra funding as SAA woes continue - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The National Transport Movement (NTM) says South African Airways (SAA) is at severe financial risk and urgently needs the additional R2 billion bailout promised by the government.
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SAA puts its Airbus aircrafts and engines for sale - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.SAA has put up nine of its Airbus aircraft and 15 spare engines for sale. What are they hoping to archive? Lets just face the facts, we jave one of the most incompetent governments in the world? This guys tore apart all the SOE's in matter of 3 decades even Major ones.. Yesses this people That's Mr Jamnandas doing. .the man failed our SOEs.😒
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