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SAA board to be introduced in October

The new SAA board will be formally introduced to the company in two weeks time.

South African Airways plane. Picture: AFP.

CAPE TOWN - The Public Enterprises Ministry said the new South African Airways (SAA) board will be announced at the airline's Annual General Meeting (AGM) in two weeks time.

The decision follows the resignations of eight of the 14 SAA board members, including its chairperson Cheryl Carolus.

The exodus follows a delay in the tabling of the airline's financial statements to Parliament.

The Public Enterprises Ministry has been lobbying the National Treasury for a cash injection of up to R6 billion for the airline.

The ministry's spokesperson Mayihlome Tshwete said the exodus is not a crisis.

"Minister Malusi Gigaba is concerned about SAA and its economic viability, especially because it is a national asset."

The newly appointed members are Vuyisile Kona, Andile Mabizela, Andile Khumalo, Bongisizwe Mpondo, Dr Rajesh Naithani, Carol Roskruge, Raisibe Lepule and Nonhlanhla Kubeka.

Kona is the new chairman.

Meanwhile, the Democratic Alliance has used the resignations to call for the airline to be privatised.