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Administrators trying to save South African Airways (SAA) will appeal a court ruling ordering them to stop a firing process, one of the administrators Siviwe Dongwana told Reuters.
The Labor Court’s decision to align itself with two unions in its Friday ruling was a severe blow to managers, as they have said the layoffs are necessary to prevent the airline from being liquidated.
The state-owned SAA has been fighting for its survival since it entered a form of bankruptcy protection in December.
His fortune deteriorated when the coronavirus pandemic forced him to stop all commercial passenger flights and the government said it would not provide any more funds.
Administrators have until the end of the month to write a rescue plan for SAA, which has not made a profit since 2011 and has received bailouts worth more than R20 billion ($ 1.1 billion) in the past three years.
Public Business Minister Pravin Gordhan wants SAA to be restructured into a new airline.
