“I have a bond to pay on my home and children who attend private schools. With my investments and savings, I will only be able to manage for a few months before I run out of money.' PostKZN SAA
With the imminent closure of the airline, about 4700 workers, including pilots, flight attendants and cabin crew members will be jobless.
In December 2019, the airline was placed under voluntary business rescue by the SAA board because it could not meet its financial obligations. In a statement at the weekend, the department said the government and unions were working together on a business model that dealt with what a future national carrier would be.
I don’t believe other airlines will be employing staff. In fact, they might also look at retrenching staff in order to recover their losses.”“The money from my severance package is not going to last forever. I may have to join my family business to survive this period.”
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