SACCA expresses serious concerns about SAA's future - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

SACCA expresses serious concerns about SAA’s future

SACCA has appealed to government to urgently release the funds to keep SAA's aircraft in the air

The South African Cabin Crew Association has expressed serious concerns about the future of South African Airways ahead of the expiry of Sunday’s deadline for the government to grant the embattled airline a R2 billion bailout. It has appealed to the government to urgently release the funds to keep the airline’s aircraft in the air.

SAA’s business rescue practitioner Les Matuson has been in meetings with Public Enterprises, Trade and Industry and Treasury officials since Saturday to discuss the airline funding crisis.In a statement released on Sunday, the Public Entreprises Ministry says, “The Business Rescue process is unprecedented.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 32. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Unions call for accountability, want the entire SAA board to resign - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Numsa and the South African Cabin Crew Association have called for the immediate resignation of the entire South African Airways Board. And Pravin. This people must be fired. Not resigning. south Africans must take responsibility for their actions by stop blaming some Foreign nationals.embezzlemt n corruption are destroying e c`try,copy from EthiopiaAirWays.its not a crime coping something good.
Source: SABC News Online - 🏆 32. / 51 Read more »