saa thumb medium95 76News24 Wire writes that while the Department of Public Enterprises (DPE) keenly awaits the completion of the implementation of the business rescue plan of SA Airways (SAA), employees of its subsidiary SAA Technical (SAAT) are still seemingly in the dark about their future.  

Unlike SAA, its subsidiaries are not in business rescue and therefore fall outside the scope of the plan.  SAAT is one of SAA's creditors, but in terms of SAA's rescue plan, creditors such as SAAT will only get about seven cents to the rand for the millions owed to it.  The Aviation Union of Southern Africa (Ausa) met with SAAT last week.  The company was, however, unable to give the Ausa representatives any positive indications regarding the business and its finances going forward.  In particular, no confirmation could be given that SAAT will receive any funding from the R10.5-billion provided by Treasury in the mini-budget to implement SAA's business rescue plan.  Although the plan mentions that SAA subsidiaries like SAAT and low-cost airline Mango, would need funding, it does not provide for that to come from the R10.5bn.  Ausa hopes to meet with SAAT again in the near future and has also requested an urgent meeting with the board.  Since March 2020, SAAT employees have received only part of their salaries.  Meantime, the SA Transport & Allied Workers Union (Satawu) hopes to meet with the DPE soon in order to discuss the matter.


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