SAA has issued notice to all 4 700 of its employees that it intends to begin consultations on retrenchments, the BRPs for the troubled national carrier said.
Cape Town - South African Airways has issued notice to all 4 700 of its employees that it intends to begin consultations on retrenchments, the business rescue practitioners for the troubled national carrier said on Monday.
The notices went out to all unions representing staff and management, following talks over the weekend and earlier with labour representatives. "Significant changes to conditions of employment, including remuneration and benefits, appear unavoidable and will be sought by agreement." "Load factors on the airline have declined steadily from August 2019 to a low of 71 percent in January 2020. Forward sales have also declined significantly with all markets showing negative or minimal growth, within a very competitive market. The recent marked decline in travel due to the Covid-19 virus will further exacerbate matters.
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