Unions say SAA strike will continue until demands are met | IOL Business Report

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SAA’s acting chief financial officer, Deon Fredericks, said that the airline, hurt by past mismanagement, could not just close its eyes and carry on. busrep

JOHANNESBURG - Workers at South African Airways downed tools on Friday to demand higher wages and protest planned job cuts in a strike that has forced the troubled state-owned carrier to cancel all flights and left its future hanging in the balance.

SAA, which has not turned a profit since 2011 and is without a permanent CEO, says the strike by unions representing more than half of its workforce will cost it 50 million rand per day and threatens its survival. The unions rejected SAA’s revised wage offer late on Thursday, and are also striking over the carrier’s plans to cut more than 900 jobs in a bid to stem financial losses and end a reliance on state bailouts.

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