Les Matuson News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Back in the skies with a skeletal staff, SAA’s rehabilitation – after a decade of mismanagement and financial frolics – has begun.

SAA business rescue process comes to an end Updated Nokukhanya N Mntambo Share this: Business rescue practioners at South African Airways (SAA) have filed a notice of substantial implementation, signalling their exit from the airline. https://twitter.com/KenyanNomad/status/1283072383667101696/photo/1 SAA was placed under business rescue in December 2019 to allow for restructuring and in a bit to make the national carrier financially viable.   Various unions, including the South African Transport and Allied Workers Union (Satawu), wanted business rescuers Les Matuson and Siviwe Dongwana out...

The DA calls for SAA's new acting CEO to appear before SCOPA Search Polity Note: Search is limited to the most recent 250 articles. To access earlier articles, click Advanced Search and set an earlier date range. To search for a term containing the '&' symbol, click Advanced Search and use the 'search headings' and/or 'in first paragraph' options. With... Clear Search Sponsored by Sponsored by The DA is astounded by the appointment of Thomas Kgokolo as the acting SAA CEO. He is the latest person appointed to run the embattled airline despite having no experience in running an airline.

MONEYWEB LIVESTREAM Testing times for subsidiaries caught up in SAA maelstrom Mango ratcheting up costs due to delays in returning leased aircraft, while SAA Technical staff are ‘very close’ to withholding their much-needed labour. By Moneyweb 13 Apr 2021  00:01  SAA Technical’s problems could result in even deeper crises for the local and international airlines that depend on it for technical service. Image: Supplied An international private equity group has been waiting nine months for Mango – the broke, low-cost subsidiary of South African Airways (SAA) – t...

MONEYWEB LIVESTREAM SAA BRPs present ‘final’ settlement agreement to pilots Says parts of the offer – aspects that it wants to pay off over three years – will lapse once rescue process is completed. 00:01  So far pilot association Saapa is again standing firm. Image: Guillem Sartorio, Bloomberg The South African Airways (SAA) business rescue process is set to conclude “soon” according to its rescue practitioners Siviwe Dongwana and Les Matuson. However, the airline has yet to come to an agreeement with the SAA Pilots’ Association (Saapa). INSIDERGOLD Su...