JOHANNESBURG - The National Union of Metal Workers of South Africa , the South African Cabin Crew Association , and the South African Airways Pilots’ Association on Wednesday all welcomed the Pretori
a High Court’s dismissal of SA Airlink’s bid to stop Thursday’s crucial meeting around the future of South African Airways .
Creditors are expected to vote on whether to implement the business rescue practitioners’ controversial business plan to save the broke airline. The BRPs had warned that government would need to find R10 billion at the very least for their plan to work. The privately-owned SA Airlink tried to stop the meeting, arguing that SAA was not commercially viable and should be placed under liquidation.
“While we sympathise with the fact that SA Airlink equally became a victim of this - and we certainly share their frustration and the satisfaction in respect of the conduct of the BRPs - SA Airlink’s application was not in the interest of all parties, especially not in the interests of workers. These parties such as SA Airlink will be well advised to rather join forces with unions such as Numsa and Sacca,” said Numsa spokesperson Phakamile Hlubi-Majola.
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.
Unions warn of messy talks after Tito Mboweni doubles down on public sector cutsCabinet reiterates support for the proposed reductions in the public service salary bill
Read more »
Should more grades return to school as cases spike? Here’s unions’ viewIn a statement on Wednesday the department said it would continue monitoring safety precautions and working with schools as it prepared to phase in other grades.
Read more »
Court dismisses SA Airlink bid to halt vote on SAA rescue plan
Read more »
Airlink disappointed with court decision to allow creditors to vote on SAA rescue planChief executive and managing director Rodger Foster said 'Airlink fails to understand how creditors can be expected to make an informed decision when asked to vote on the plan at tomorrow’s meeting'.
Read more »
Public enterprises dept calls on creditors to support SAA rescue planSAA's business rescue practitioners are set to meet the creditors on Thursday, to vote on the airline's rescue plan.
Read more »
State pleads for support of SAA business rescue plan | CitypressAhead of the SAA creditors’ meeting on Thursday, government has encouraged creditors, employees and other stakeholders of the national carrier to vote in support of the business rescue plan.
Read more »