Gordhan announces an executive chairperson for crisis-hit SAA | Business | M&G

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Gordhan announces an executive chairperson for crisis-hit SAA | Business | M&G
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Public Enterprises Minister Pravin Gordhan has appointed embattled flysaa acting board chairperson Thandeka Mgoduso as executive chairperson, in a move the ministry claims is to shore up capacity at the crisis-stricken airline.

Public Enterprises Minister Pravin Gordhan has appointed embattled South African Airways acting board chairperson Thandeka Mgoduso as executive chairperson, in order is to shore up capacity at the crisis-stricken airline.

Mgoduso confirmed her appointment by Gordhan on November 19, adding that current Ramasia would remain in her position. “Essentially the appointment by the shareholder is about appreciating that SAA is in the eye of a storm,” Mgoduso said. The announcement, penned by Ramasia, followed an earlier communication last week that salaries were not guaranteed for this month. The airline is struggling to secure R2-billion in funding to meet operational requirements.

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