SAA’s business rescue efforts are being sabotaged deliberately, says Numsa and Sacca | IOL News

Johannesburg - The National Union of Metalworkers of South Africa and the South African Cabin Crew Association have expressed concern over developments at the national carrier, SAA.

The two organisations said despite SAA management insisting that the flight cancellations had nothing to do with the national airline's financial crisis, they found it difficult to accept the explanation. Numsa and Sacca said the government’s refusal to avail the money to help the airline was an attempt to collapse the airline.

“Gordhan and Mboweni have gone out of their way to undermine and devalue the brand and reputation of the airline. “Their actions are the reasons why we continue to call for the immediate removal of the board because they are part of the reason that SAA has collapsed.

I wonder if that R2b bailout is paid, will not be used for the backdated salary increases.

hdebruin95

For years, Numsa_Media and Sacca aggressively pushed SAA for unsustainable remuneration levels that logically could only push SAA into bankruotcy. Well, time is finally up. Let's hope militant unions learn from it.

You should know you are part of the sabotage. Now maybe, just maybe you will understand what real world economics is all about. I won’t hold my breath though. Please pass the message on to the other unions.

No Numsa and Sacca - we are all tired of the big black hole that is flysaa - billions of rand’s worth of bailouts every year. With no positive results. No one is buying the sob story any more. Too many fingers have been burnt. It’s enough! ENOUGH!

Numsa_Media are always able to raise the cash themselves if they think the others cannot...What do they think this is Some free for all SAA is finished Numsa

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Government tries to secure R2bn in funding for struggling SAA | IOL Business ReportSouth Africa’s Public Enterprises Ministry said on Sunday it was talking with the Treasury to raise funds to rescue South African Airways. busrep Of course they will bail them out. Did pravingordhan think we were fooled by the 'Sunday deadline' rubbish. Pure incompetence is the reason for the bailout, nothing else. We are a failed state and this is proof positive. CyrilRamaphosa is offered new routes but ignores them
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SAA flights operating normally, despite bailout delays - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.%%%SAA says its flights to all destinations are operating normally, after talks on a bailout plan for the state carrier ended without a solution at the weekend.%%%
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Threat of retrenchments still looms at SAA - 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 although it has received assurance from the Business Rescue Practitioner at South African Airways (SAA) that the airline will soon receive the much-needed R2 billion cash injection - the threat of retrenchments still looms.
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SAA cancels 28 flights - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.South African Airways (SAA) has cancelled 28 local and 10 international flights. 38 What is next retrenchment? Or another bailout. EFF drunkards will blame Ramaphosa
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