Audio By Carbonatix
Trade union the National Transport Movement has threatened to shut down South African Airways after the embattled state airline announced that it would undergo restructuring.
On Monday, the airline said it has started a restructuring process that could see its workforce cut by almost a fifth.
As required by South African law, the carrier has started talks with labour unions about its plans, which could affect 944 of its 5,149 employees, SAA said in an emailed statement.
President of the National Transport Movement Mashudu Raphetha said that the retrenchments were anticipated and that his union’s membership was taking a ballot on whether to embark on strike action.
He added that his union has reached out to sister organisations such as Numsa to also engage in the industrial action.
“It is time now to unite and we are going to shutdown. We have been trying to engage with the company but it is not (being reasonable) and is not listening to us.
“Our doors are open and we are still open to persuasion, but if they continue like this then our members will push us to ensure that we have a total shutdown of SAA”.
The proposed restructuring includes all SAA divisions and departments, excluding its Mango Airlines, Air Chefs and SAA Technical units, it said.
SAA has incurred more than R28 billion in cumulative losses over the last 13 years and missed the deadline to submit its earnings for the financial year ending March.
While it recently received a R5.5 billion lifeline to extend maturities on outstanding debt, it hasn’t been able to reach an affordable repayment plan with creditors.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Mobile tech to add $290bn to Africa’s economy by 2030, GSMA says
2 hours -
South Africa’s Ramaphosa warns against scapegoating migrants for economic woes
3 hours -
Oil prices fall 5% to 3-month low on hopes Strait of Hormuz will open
3 hours -
Prince George to attend Eton College from September
3 hours -
Cadbury chocolate-owner Mondelez defends staying in Russia
3 hours -
‘We fear for our lives’ – deadline for migrants to leave South Africa looms
3 hours -
Hungary’s MPs block return of Orbán, limiting rule of PM to eight years
3 hours -
Hundreds of cats stolen for food in Vietnam rescued by police, welfare group says
4 hours -
Brazil convicts Jair Bolsonaro’s son of pursuing US help in father’s legal battle
4 hours -
Musk’s SpaceX overtakes Amazon to become world’s fifth most valuable firm
4 hours -
2026 World Cup: What would Ghana lose without Thomas Partey against Panama?
4 hours -
German broadcaster removes TV intro after Elon Musk takes legal action
4 hours -
Haaland scored twice on World Cup debut as Norway beat Iraq
4 hours -
Spurs agree ÂŁ52m Van Hecke deal with Brighton
4 hours -
World Cup: The VAR call that dumbfounded the world’s best referees
5 hours