Numsa and Solidarity come out strongly against the proposal, which will be voted on on Tuesday
Unions are up in arms over a proposal by Comair business rescue practitioners to double their fees for restructuring the airline.
The Kulula operator was placed in business rescue at the beginning of May. It was facing multiple headwinds and headed for its first loss in more than seven decades after swinging R564m into the red in the first half of the year as cost increases outstripped revenue growth. In the event of the plan not being adopted, the BRPs will have provided their services in terms of the outdated tariff and at less than half their standard rate, the spokesperson said.
“We accordingly reject this request with the contempt it deserves and we demand that employees at Comair must be paid all their outstanding salaries in full.”
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.
Trade unions challenge 100% pay hike for Comair business rescue practitionersNumsa and Solidarity come out strongly against the proposal, which will be voted on on Tuesday
Read more »
De Gea should save Chelsea's second goal '100 times out of 100'.ManUtd goalkeeper D_DeGea's errors saw his side suffer a 3-1 defeat in the TheFACup semi-final against ChelseaFC on Sunday | IOLsport
Read more »
Santaco clashes with Cosatu over 100% taxi loadsSantaco said it took serious exception to Cosatu's 'posturing to the gallery without any alternative proposals to deal with issues at hand'.
Read more »
100% loads double-edge for drivers'As hard as I try, I can't always be checking whether the windows are open or not. It's winter and people will close the window by instinct. ' Tankmaester
Read more »
Trade unions challenge 100% pay hike for Comair business rescue practitionersNumsa and Solidarity come out strongly against the proposal, which will be voted on on Tuesday
Read more »
Mboweni’s tweet could endanger SAA business rescue proceedings | CitypressA late-night tweet from Finance Minister Tito Mboweni could spell trouble for plans to implement SAA’s rescue plan this week and end the stricken airline’s business rescue proceedings, writes Antoinette Slabbert
Read more »