SAA directors unanimous in business rescue decision

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The airline will announce its business rescue practitioners in due course and says the move will not affect its subsidiary airline, Mango.

SAA's board says the decision was made to create better returns for the company's creditors and its shareholders.

The airline has promised to engage with staff and provide targeted communication and support for all employees.Labour union Numsa says they are involved in meetings to decide on the next course of action.

 

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Good evening flysaa Executives; All of you must resign tomorrow morning before 09h30 because I don't see why you're supposed to stay while the airline is under business rescue. There's no money to pay you. The rescue practitioner will employ another better lot after you.

let me guess, a bunch of black ANC comRATS with no expertise and no competence?

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 /  🏆 49. in JP

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