[ad_1]
South African Airways CEO Vuyani Jarana angered the South African Union of Transport and Allied Workers (Satawu) by signing with the Solidarity union that the national public carrier should immediately start looking for a strategic partner in the private sector.
Solidarity provided details Wednesday on a written commitment by Jarana that the search for a strategic partner for the heavily indebted airline would begin immediately.
The airline could not yet provide the scope, nature or control structure of Satawu spokesman Zanele Sabela said the five unions representing SAA workers had not been informed of the decision to immediately start looking for a share partner.
surprised to hear about this latest development in the media despite having regular engagements with Mr. Jarana, "said Sabela.
" Even more The uprising is the fact that Solidarity is not a recognized union within SAA. This leaves us wondering why he would choose to give them access to such crucial information. "
Satawu represents the majority of SAA Technical and Airchefs unionized workers None of the unions has a majority in the group and coalitions are changing
Unions meet Jarana
Unions meet Thursday in Jarana to discuss statements he has made in recent weeks about personnel issues without first talking to unions.
Jarana "We know that the process of dismissing staff is legal, "said Sabela." What we do know is that he has a recovery strategy that he has begun to implement. Jarana told Business Day that what he had said to Solidarity was "nothing new" because it had been accepted into the government and by the Treasury as the airline
It did admitted that the previous approach of putting the SAA in order before offering it to investors could no longer be achieved due to financial pressures.
The search for a partner would not only concern money, said Jarana, who was also looking for skills and skills as well as access to products
.
Solidarity said that she had suspended – but not abandoned – her request to entrust SAA with bailout companies based on Jarana's pledge.
SAA recorded a loss for about a decade and accumulated mbadive debt. Jarana said in May that the airline needed a recapitalization of 21.7 billion rand over the next three years to redress it.
In 2017-18, she lost 5.6 billion rand.
Repayment of the debt. 2 billion are expected by March 2019, which, he said, allowed the airline to "work day and night".
Solidarity also questioned the rationality of the maintenance of a national carrier. airline was not inconsistent with making a profit. "We are looking beyond sentiment: SAA is an African airline and we are looking to connect Africans to Africans."
[ad_2]
Source link
