SAA pilots have no confidence in management

South Africa News News

SAA pilots have no confidence in management
South Africa Latest News,South Africa Headlines
  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Association calls for skills audit of all managers and heads of department

“These managers are still making poor decisions at grave cost to the airline... The results of the ballot reaffirm our stance that the only way to save SAA and put it on a sustainable path is to ensure that a capable and experienced management team is put in place. It is therefore our view that the business rescue practitioners must prioritise a thorough investigation into the conduct of the current management team and take effective corrective action.

The pilots have also asked that a retired or active pilot be appointed to the board of SAA and that flight operations are restructured. “We understand that the process upon which the airline is embarking on will not be an easy one. Yet we are convinced that, if done properly, it can effectively address the ongoing and crippling effects of the years of mismanagement, and put the airline back on a financially stable and sustainable trajectory,” says the statement.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BDliveSA /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SAA gets emergency funding from development bankCash-strapped state carrier South African Airways (SAA) will receive R3.5bn of emergency funding from the Development Bank of Southern Africa, the airline's business rescue practitioners said on Tuesday.
Read more »

DBSA comes to the rescue of SAADBSA comes to the rescue of SAAThe cash-strapped airline was placed into voluntary business rescue late last year.
Read more »

SAA gets R3.5bn lifeline from Development BankEmbattled national carrier SA Airways (SAA) has secured R3.5bn in funding from the Development Bank of Southern Africa.
Read more »

SAA gets R3.5bn emergency funding from state-owned bank | IOL Business ReportSAA gets R3.5bn emergency funding from state-owned bank | IOL Business ReportCash-strapped SAA will receive R3.5 bn of emergency funding from the Development Bank of Southern Africa, the airline's business rescue practitioners said.
Read more »

Business Maverick: Development Bank gives SAA wingsBusiness Maverick: Development Bank gives SAA wingsSAA has burnt through R2bn of funding in less than 60 days. Instead of the agreed-upon R2bn, R3.5bn has been secured to keep SAA in the air. One wonders how much more will have to be coughed up before the airline becomes sustainable?
Read more »

High court dismisses former SAA board member Dudu Myeni's bid to halt Outa's delinquency case | IOL NewsHigh court dismisses former SAA board member Dudu Myeni's bid to halt Outa's delinquency case | IOL NewsFormer South African Airways board chairperson Dudu Myeni has lost her bid to appeal a ruling which upheld Outa's right to bring a delinquency case against her.
Read more »



Render Time: 2025-03-13 09:16:33