4 unions ready to take SAA voluntary severance packages - govt
In a statement, government said that the National Transport Movement, South African Transport and Allied Workers Union, the Aviation Union of Southern Africa and Solidarity had stepped forward to take up the deal.
JOHANNESBURG - The Department of Public Enterprises said that four unions at South African Airways (SAA) had approached them ready to sign the voluntary severance packages offered as part of the SAA restructuring process.
Business rescue practitioners and the department offered the packages as part of their plan at winding down SAA, which is under business rescue.
The business rescue plan published last month proposed that over 3,000 workers at SAA be retrenched.
The National Transport Movement, South African Transport and Allied Workers Union, the Aviation Union of Southern Africa, Solidarity and non-unionised staff are the ones interested in voluntary severance packages.
They met with the Public Enterprises Department on Wednesday, offering to sign.
This will only happen when the creditors vote on the business rescue plan on 14 July.
The deal includes a calculated one week per year completed service payment, 13th check, one-month pay service and accumulated paid leave.
The department said that the business rescue practitioners would be informed of the willingness to sign as soon as possible.