SAA warns it could be out of business if strike continues much longer | IOL Business Report

JOHANNESBURG - Under-fire SA Airways has warned that the strike would put the national carrier out of business if it continued for longer, as it benefited only competing airlines. SAA interim chief financial officer Deon Fredericks said the strike was pushing the struggling airline to unsustainable levels. “If this strike continues, we are running the risk of putting SAA out of business,” Fredericks said.

SAA is working with Mango Airlines to accommodate as many customers travelling on domestic services as possible and refunding passengers their flights or travel with other airlines. SAA is facing a crippling onslaught by the National Union of Metalworkers of SA and the South African Cabin Crew Association .

More than 3000 workers affiliated with Numsa and Sacca downed tools at SAA on Friday over a wage dispute and plans to cut more than 900 jobs, costing the airline about R52million a day.

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