SATAWU CALLS ON PRESIDENT RAMAPHOSA TO DO RIGHT BY SAA
South African Transport and Allied Workers Union (SATAWU) suspects government never intended to save South African Airways (SAA).
In a letter dated 4 December 2019 President Cyril Ramaphosa announced he had decided to place SAA under voluntary business rescue. Soon after Minister of Public Enterprises Pravin Gordhan announced Les Matuson had been appointed to lead the process and that government would provide funding to the tune of R2 billion in addition to R2 billion availed by private lenders. Siviwe Dongwana joined Matuson as co-practitioner shortly after.
Following a meeting with SAA’s creditors in mid-December, Matuson and Dongwana released a joint statement saying there was a reasonable prospect of a successful business rescue given the R2 billion from Treasury.
But government has not delivered on its pledge and SAA might be forced to suspend flights and delay salaries if the R2 billion is not forthcoming.
To add insult to injury, SAA has now put up nine of its aircraft for sale. Eight of the crafts fly regularly to major destinations around the world. Judging by its actions government never intended to save SAA.
In an economy where the unemployment rate is the highest it has been in 11 years, government is gambling with the 10 000 jobs at SAA. Considering the people that hold these jobs have dependents that rely on them, it is clear government does not care for the well-being of its citizens.
We call on President Ramaphosa to do the right thing and instruct Treasury to deliver on the pledge.
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