Numsa calls off SAA strike, agrees on 5.9% wage increase | IOL Business Report

JOHANNESBURG - Striking workers unions at South African Airways have finally agreed to a 5.9 percent wage increase following a long-week strike and protracted negotiations at the airline.

SAA had been playing hardball with unions, saying it can only afford 5.9 percent wage increases in March, and that would be dependent on the availability of funds from its lenders. The airline said the first tranche of funding would be used to sustain operations while the second tranche would be prioritized for salaries when it is received in January/February 2020.

CCMA director, Cameron Morajane, commended the parties for remaining in process and restoring some measure of stability.

busrep With this a precedence was set and we will see more unions doing the same thing in the near future. A hard stance was needed to stop this type of thuggery.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

SAA turbulence may just sink the state-owned airline's liquidity | IOL Business ReportSA Airways chairperson of the board implementation committee Martin Kingston warned that the embattled airline’s liquidity was on the brink of collapse. busrep
Sumber: IOL - 🏆 46. / 51 Baca lebih lajut »

Solidarity brings business rescue application to SAA | IOL Business ReportSolidarity has revived its plans against the South African Airways (SAA) by announcing that it is bringing an application to place the cash-strapped airline into business rescue. busrep
Sumber: IOL - 🏆 46. / 51 Baca lebih lajut »