Subscriptions Central AfricaEast AfricaHorn of AfricaIndian OceanNorth AfricaSouthern AfricaWest AfricaAfrica / World Agriculture - NutritionCulture - ArtsEconomy - DevelopmentEnvironment - NatureGay - LesbianGender - WomenHealthHuman rightsLabourMediaPoliticsScience - EducationSocietyTechnologyTravel - Leisure From Behind By Country By Topic Chronological Press Releases Partner Media Contact Us
   
  

See also:
» 10.11.2009 - SA hotel industry warned of price inflation
» 28.09.2009 - South African Airways report good returns
» 18.09.2009 - SA’s first electric car on display
» 12.08.2009 - Govts can stop the carnage on African roads, author
» 05.08.2009 - SA airport fuel shortfall temporary, officials
» 28.07.2009 - Dow Jones wins SA tourism 2010 contract
» 18.12.2008 - SAA will not increase flights to Tanzania
» 12.11.2008 - Seven new US-Africa flight routes planned

South Africa
Travel - Leisure

SAA to lay off 20% of staff

afrol News, 13 June - South Africa's national carrier, South African Airways (SAA), will lay off 20 percent of its management, sell catering and booking-services units.

The carrier will also terminate its unprofitable or underperforming routes.

SAA management said the move is aimed at turning the carrier into a profitable venture, a key demand of the government. Between a year and 18 months, SAA officials believe the turnaround will earn them a profit of R2.7 billion.

The restructuring involves the unbundling into seven subsidiaries to be housed under an investment holding company.

The national carrier seeks outside partners for its cargo, technical and ground services divisions.

South African Airways has been making news over the months. It is currently inquiry the circumstances that led to the refusal of its flight to crew to return to services with a flight en route JFK international airport to Dakar. This cost the airline dearly as it was forced to provide accommodation for the stranded passengers in the United States.

Sexual harassment or abuse of low-ranking female staff by the managers had also made headlines in Africa’s leader and world’s 10th best airline.


    E-mail this to a friend     Printable version

Related pages and feature
Current afrol News Top Stories
South Africa
Travel - Leisure
Development
» Ghana-EU sign first voluntary agreement on legal timber exports
» Algeria-Egypt’s World Cup place explodes into a diplomatic war
» Malawi’s rural land development project gets additional funding
» Industrial development key to Africa’s integration in global economy
» Children’s rights still not assured, UNICEF
» Cambodia troops arrive in CAR
» UN-lawmakers' partnership can help the poor out of recession, Ban
» Developing countries urged to make agriculture a funding priority
» Concluding Doha Round could boost recovery, WB
» Zim govt report compliance progress to clean its diamond trade


top of page about afrol News | news | countries | archive | services | feed back | español 

© afrol News. Reproducing or buying afrol News' articles.

   You can contact us at mail@afrol.com