SAA

 

#TheBlackFigLeaf To Excuse Corruption, Hide Black Incompetence & Plunder SOE’s! How Nontsasa Memela Used “Transformation” To Plunder SAA!

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Nontsasa Memela

When Zuma said “corruption” is a European word, he meant corruption itself in African culture is normal & OK, it is just Europeans who choose to make it a bad thing. At SAA, like everywhere else, they did it #TheAfricanWay. The truth is, wide scale corruption was revealed at SAA before the Zondo commission. It seems wherever there was a black man or woman in charge of anything, there was theft, fraud & corruption. 
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Embattled National Carrier gets R3.5bn lifeline from Development Bank

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SA Airways (SAA) has secured R3.5bn in funding from the Development Bank of Southern Africa. “Discussions held with financial institutions have been fruitful,” joint SAA business rescue practitioners Les Matuson and Siviwe Dongwana said in a statement on Tuesday. The business rescue practitioners, supported by the departments of public enterprises and National Treasury, obtained the..
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SAA crisis becomes ANC nightmare – No banking institution wants to borrow R2 billion for bankrupt government-controlled entity

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The competition to get SAA free will now begin, which the weakest state-controlled entity now has literally no value. The government’s inability to live up to its promise and make another R2 billion available to SAA as the largest rescue buoy has now made the entity very shaky. Salaries for January can still be paid,..
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SAA’s wings cut – bankrupt SOE can only pay salaries in January

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SAA's wings cut - bankrupt SBE can only pay salaries in January

The bankrupt, state-owned SAA airline company will manage to pay its staff salaries for January, but that’s where it all ends. With a bankrupt government failing to fulfill its pledge to pump another R2bn into the soe, it looks as if SAL will not remain standing. The airfreight company faces three serious problems, and the..
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Cash-strapped SAA cancels 38 domestic and international flights

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saa

SAA has confirmed its cancellation of 38 domestic and international flights between OR Tambo International Airport and Cape Town, as well as between Johannesburg and Durban’s King Shaka airports. In a statement, the airline said: “These decisions are in line with SAA’s usual policy of reviewing flights and consolidating services with low demand. Furthermore, during..
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SAA director resigns from his post amid crisis at state entity

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SAL

SAA director Martin Kingston resigned from his post, and the move was welcomed by the communist-minded Numsa union as well as the trade union Sacca. The two unions also said the rest of SAA directors should follow Kingston’s example and submit their resignations. Kingston’s resignation comes after Bloomberg said in his report there is no..
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A New Year & A New Decade: More Communist Self Enrichment, Globalist Destruction of Identity & The African Way. You AiNtCeen Nothing Yet!

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Africa

At the time of year that most people in South Africa break away for a holiday, (the lucky ones that is), or relax at home, it has unfortunately become necessary to burst a few bubbles and challenge the mainstream narrative. South Africa is teetering on the brink and staring into the abyss as it stumbles into oblivion in the new year and a new decade. Just how bad it will be will become clear soon enough. Let those with ears listen…
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Government of Zimbabwe owes SAA R880 million

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Government of Zimbabwe owes SAA R880 million

SA Airways is likely to lose a lot of money due to Zimbabwe’s default and disputes. According to the latest information, Zimbabwe are only willing to pay 5% of the R880m SAA claims the Zimbabwe government owes. The amount is apparently due for ticket sales, but the Zimbabwe Reserve Bank’s Monetary Committee refuses and rejects..
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SAA’S business rescue position – Bankrupt SOE will be restructured,no further bailouts to be handed out – Are their wings finally cut?

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SAA’S business rescue position - Bankrupt SOE will be restructured,no further bailouts to be handed out - Are their wings finally cut?

Minister Pravin Gordhan’s stance at a board meeting of the bankrupt SA Airways has sent shock waves, the councilors as well as the shipping company’s worker are totally stunned by the so-called “business rescue position” that will be exercised without any delay. The minister also confirmed in a statement that the board of the airlines has..
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Pravin Gordhan says cash-strapped SAA may have no money for salaries this month

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Pravin Gordhan says cash-strapped SAA may have no money for salaries this month

Minister of Public Enterprises Pravin Gordhan has warned that, while two unions at SAA are demanding salary increases for members, the airline might not even be able to pay any salaries at the end of the month. The minister was speaking at a Parliamentary briefing on Wednesday. The meeting was called for feedback on power..
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SAA strike costing R52 million a day and with a bankruptcy record it could mean the end of the entity

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More than 3000 workers affiliated with Numsa and Sacca downed tools at SAA on Friday over a wage dispute and plans to cut more than 900 jobs, costing the airline about R52million a day. Related Articles The interim chief financial officer of SAA Deon Fredericks, said the strike was pushing the struggling airline to unsustainable levels. “If this strike continues, we are running the risk of putting SAA out of business,” Fredericks said. Even though they are working with Mango Airlines to accommodate as many customers travelling on domestic services as possible and refunding passengers their flights or travel with other airlines. SAA is facing a crippling onslaught by the National Union of Metalworkers of SA (Numsa) and the South African Cabin Crew Association (Sacca). The national air-carrier is threatening the unions with legal action if they fail to retract comments that the safety of passengers cannot be guaranteed. Over the weekend, Numsa said anyone flying with SAA during the strike was “endangering their life” as those working may not be sufficiently qualified. Numsa and Sacca said the national carrier was using personnel with no relevant work experience in the maintenance and repair of aircraft and in the cabin crew area. Independent aviation expert Javed Malik said SAA needed to fix its cost structure in order to attract more business and potential investors. “They should be cleaning their house first and focus more on internal issues before worrying about what their competitors are doing. The competition has its own troubles as well,” Malik said. “The passengers who threaten not to use SAA again will come back; industrial action happens everywhere in the world. Any possible equity partner will come if SAA is making money or if they want routes it operates on.” Malik said the allegations of unqualified staff working during the strike was a “technical question”, as only technical people should know what was happening at the airline. Fredericks said the unions’ allegations over the airline’s safety were malicious, adding that they had met with their lawyers yesterday morning to take legal action. “We actually briefed our lawyers. We have given them all the information we have. We will meet with them so that we can start that action against the unions,” he said. “The customer will always be our first priority in terms of service, and in terms of safety.” The South African Civil Aviation Authority (Sacaa) said SAA had provided it with contingency plans prior to the strike and assured the director of Civil Aviation that the airline would take all the necessary care to uphold civil aviation safety and security. Sacaa spokesperson Phindile Gwebu said SAA had given the regulator assurances that all flights were being operated by qualified cabin and flight crew, and that all technicians attending to aircraft are appropriately licensed and rated. “The process of conducting spot checks by the Sacaa, as and when necessary, is ongoing,” Gwebu said. SAA resumed operations on its international and six regional routes on Sunday, but domestic flights have remained grounded. Nevertheless, the unions' strike already cost SAA more than R250m, and with a bankruptcy record it could mean the end of the entity. The ANC government faces a choice, whether to blame the SAA, or again, as in the past, to use the taxpayers' money to pay for the poor management decisions that are made. The end of the South African Airways hangs in the air, and this is in stark contrast to the past success story when savvy apartheid-era people managed the company with great success. SAA chairman Thandeka Mgoduso acknowledged that it is almost impossible to return to the current chaos caused by unions' unreasonable wage demands. Economists point out that the decline of state entities is partly attributed to the unions operating on only two elements, namely unfair and unrealistically high wage demands, and secondly, to start striking if their demands are not heeded.

More than 3000 workers affiliated with Numsa and Sacca downed tools at SAA on Friday over a wage dispute and plans to cut more than 900 jobs, costing the airline about R52 million a day. The interim chief financial officer of SAA Deon Fredericks, said the strike was pushing the struggling airline to unsustainable levels…
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Warning! SAA Strike will intensify – Talks between National carrier and striking unions collapse

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Warning! SAA Strike will intensify - Talks between National carrier and striking unions collapse

JOHANNESBURG – Talks between South African Airways (SAA) management and striking workers have collapsed. Union leaders briefed the media and workers after the parties met on Saturday in an attempt to resolve the strike which began on Friday. Workers are demanding an 8%wage increase while SAA is offering 5.9%. According to the National Union for..
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Death bells are ringing for SAA due to impending strike

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Warning! SAA Strike will intensify - Talks between National carrier and striking unions collapse

The impending strike at SAA by the SA Cabin Staff Association and Numsa could mean the end of the airline. In the meantime, the Pilot Association announced that they supported the idea and that the state entity’s overall top management should be replaced. Furthermore, they threatened to act if a Chief Executive with no experience..
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‘Mother of all strikes’ ready to paralyze SAA as union hints at ‘total shutdown’ if national carrier cuts a fifth of staff

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‘Mother of all strikes’ ready to paralyze SAA as union hints at 'total shutdown' if national carrier cuts a fifth of staff

Numsa and Sacca already have a strike certificate as they accuse management of threatening them with retrenchments and call for the SAA board to be scrapped. As if their financial dire straits and the plan that they would have to retrench about 900 people were not enough, the national carrier South African Airways (SAA) is..
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Passengers stranded after numerous SA Airlines flights canceled due to irregularities with recent audit report

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Many flights from the SA Airways and its subsidiaries such as Comair have canceled flights because an audit report showed that aircraft were forbidden to take off. The SA Aerospace Technical Division released the audit, which shows that there are “irregularities” that emerged with the audit. Exactly what irregularities at SAL Technically led to the..
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