📰 Regulating Agreement News
Page 2 - Regulating Agreement News Today
Fast, Ad-Free News Updates
Stay updated with breaking news from Regulating Agreement. Real-time updates on events, politics, business and more.
February 5, 2021
Gallo Images/Jacques Stander The SAA Pilots Association says government should focus on mismanagement at the airline and not blame it for past ills. It was due to legal action by the association, for instance, that former SAA chair Dudu Myeni was declared a delinquent director. SAAPA believes by criticising them, the DPE and rescue practitioners want to take attention away from not dealing with the "real" causes of the airlines demise. Rather than blaming the pilots at South African Airways (SA...
February 3, 2021
SAA has been unable to produce an annual report and annual financial statements for the past three financial years. If all goes well, South African Airways could exit its business rescue process by the end of February. On Wednesday, Public Enterprises Minister Pravin Gordhan and his department provided an update on progress made with SAAs business rescue process. Gordhan said the interim SAA board will remain in place for the next few months. If all goes well, South African...
December 29, 2020
Silas Stein/picture alliance via Getty Images The Labour Court in Johannesburg has dismissed an urgent application brought on behalf of the SAA Pilots Association to have a "lockout" of its members declared unlawful or unprotected. SAA wants pilots to forego the rights afforded to them in a decades-old regulating agreement. Those impacted by the "lockout" are not allowed to render any services or get paid. The Labour Court in Johannesburg on Tuesday afternoon dismissed an urgent application on ...
December 24, 2020
SAA SAAs business rescue practitioners intend to oppose an urgent application on behalf of the SAA Pilots Association against them being "locked out". There has to be a compromise from all affected parties for a business rescue to be successful, according to the rescue practitioners. The business rescue practitioners have "locked out" SAAPA members since 18 December. The business rescue practitioners of South African Airways intends to oppose an urgent application being br...
December 22, 2020
SAAs rescue practitioners want SAAPA to accept a new agreement. (Supplied) An urgent application will be heard by the Labour Court to have a lockout of SAA Pilots declared unlawful or unprotected. The business rescue practitioners of SAA have "locked out" SAAPA members since 18 December 2020, meaning they cannot work or get paid. The rescue practitioners want SAAPA to accept a new agreement in terms of which salaries of all pilots will be reduced by 50%. The Airline Pilots A...
December 17, 2020
In September, SAA’s business rescue practitioners presented the SAA Pilots’ Association (SAAPA) with a set of demands. These were the new terms and conditions of employment and new salary scales for the 88 pilots who would be retained by SAA following the airline’s restructuring. Some 620 pilots will be retrenched, as per the S189A notice issued in July. In addition to the new conditions, SAAPA was required to agree to the termination of the Regulating Agreement (RA) that governs the term...
December 17, 2020
Picture: Neil McCartney The department of public enterprises appears to have been caught out by the International Air Transport Association (Iata) in what seems to be a barefaced lie about how much SAA pilots have been earning. In a statement yesterday, Iata distanced itself from âthe false assertion in a South Africaâs department of public enterprises news release today that it had compared SAA pilotsâ remun...
December 17, 2020
DPE supports SAA’s administrators bid to reduce pilots’ high salaries, perks The business rescue practitioners (BRPs) issued a 48-hour notice on Wednesday to prevent nearly 400 pilots from accessing the company’s premises until they agreed to new employment terms and conditions. FILE: SAA planes. Picture: EWN 101 days ago JOHANNESBURG - The Department of Public Enterprises (DPE) on Thursday said one of...
December 16, 2020
Silas Stein/picture alliance via Getty Images SAAs business rescue practitioners have given members of the SAA Pilots Association 48-hour notice of a lock-out which will be enforced from Friday. The lockout comes after negotiations on the new agreement with the union stalled, and all internal dispute processes had been exhausted. According to the business rescue practitioners, the new agreement is needed to ensure a sustainable airline. SAAs business rescue practitioners have issued a notice of...