Air chefs
DPE: SAA’s BRP success depends on financial health of subsidiaries
The Department of Public Enterprises (DPE) on Wednesday briefed Parliament's select committees on appropriations and public enterprises on how R2.7 billion will...
The Organisation Undoing Tax Abuse (Outa) wants the diversion of R2.7 billion rand originally earmarked for the business rescue of SAA, which will now be used to purchase equity in its subsidiaries, to be stopped.
Kwinana is expected to continue her testimony at the state capture commission on Tuesday morning.
The department said over the last few weeks, more than 10 entities have shown interest in the national carrier along with Air Chefs, SAA Technical and Mango Airlines.
The union had threatened to go on strike over the withdrawal of anniversary bonuses by management.
The union had threated to go on strike over the withdrawal of anniversary bonuses by management.
Numsa wants its members to strike over the withdrawal of anniversary bonuses by management.
The airline is in dire need of cash, with a shortfall of R21 billion that is needed in the next three years to stay in the skies.