Today's Labour News

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saa thumb medium95 76Business Report writes that Solidarity has not shelved its plans to have SA Airways (SAA) placed under business rescue, the trade union’s deputy chief operating officer, Werner Human, said on Monday.  

The union initially wanted the matter to be heard in the High Court in May, but changed its plans when the troubled airline received a R5bn bailout from the government in order to cover its immediate costs.  Human indicated:  “The application is ready.  We are finalising a few things.  It is definitely not off the table.  We will make an announcement soon.”  He added that any plan that did not involve a strategic partner would be unlikely to work.”  Commenting on possible job cuts, Human said the priority should be to set the company on a sound financial footing.  “We would like to see a sustainable SAA,” he stated.


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