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South African Airlines Providing the final opportunity for 4,000 employees to accept the termination of staff from May 8-11 in exchange for a job opportunity with a new airline to be established in the future.
On May 4, 2020, reporters reported that More than 4,000 South African Airways: SAA personnel have been officially notified. On Sunday (May 3), when the proposal was made to accept the termination of the employment contract with a special offer, a letter was sent to all employees. By individual AND through unions The letter says that economic advisers Les Matuson and Siviwe Dongwana explained the postponement of the date and time of the signing of the termination offer. With a special offer, whether or not they are members of a union
With the time condition is from May 1 at 5:00 p.m. As of May 8 at 10:00 a.m. And it also runs from the 8th to the 11th of May. The reason for this extension is from the application of De Pravin Gordhan, Minister of State Enterprise To wait for the opportunity to receive personal funds That can be used to recover the debt with SAA to be able to compete with other airlines in the future.
As it has been announced since last Saturday that there will be international aviation companies interested in establishing a new commercial aviation company. By the Ministry There is coordination with the union. To transfer employees from the previous company to the new SAA company, the name of the new airline will not be disclosed. But of course the investment owner will play a big role in the design. Including the administrative sector and management methods The airline
Noticias informs that the extension of the deadline will allow SAA time to consider investment funds that should be rehabilitated and restructured. Or you have to sell the business, including SAA assets, to other companies, but if the investment expected to be received before May 11 has not been approved AND the proposals of the financial aid advisers presented Personnel Individual employees AND the model Combined Not Accepted Employment is assumed to have ended after May 12, for the reason “Company action has ended” for employees to accept proposals individually or collectively. You will have the opportunity to be considered before others When hiring to work if there is a new established aviation company
The financial assistance advisor made it clear that After April 30, 63, there will no longer be enough cash to administer the SAA. All employees will receive “Unpaid Leave” status, do not go to work, and do not pay. Effective May 1
Economic rescue worker also noted that Although the employees were not paid for their work, the company has yet to pay for medical expenses, insurance, and other social benefits, so SAA cannot continue to operate.
Mashudu Raphetha, president of the National Transport Movement (NTM), has asked the government for Economic Advisers and the Labor Department to cooperate for the country and the people. Advised its members to use special consideration of the compensation terms and packages offered by Pointing out the advantages and disadvantages AND making the law known At the risk of not signing these proposals
“We, NTM, confirm support for the government. And financial assistance consultants by making a new SAA airline without financial problems,” said the president of the National Transportation Movement.
SAA is the 86-year-old South African national airline with financial and debt problems. Including mismanagement The government has always provided financial support. And finally he refused to help more because in March 2020, the government had just injected 5.5 billion rand, but still did not survive.
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