Today's Labour News

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saa thumb medium95 76The Citizen reports that South African Airways (SAA) is looking to bring stability to its interim executive management team by advertising five positions for permanent posts, including that of chief executive officer.

This follows the national carrier’s failure last month to land a 51% share sale to the Takatso consortium. Applications for SAA’s Chief Executive Officer, Chief Commercial Officer, Chief Human Capital Officer, SAA Technical CEO and Air Chefs CEO close on 26 April 2024. SAA released a statement on Monday saying: “As the pursuit of this transaction with Takatso Aviation has now been terminated, the board has deemed it necessary to have a properly constituted and permanent executive team to pilot the airline’s strategic plan into the future.” SAA noted it had been run by a talented and committed interim executive management team over the past three years that had been tasked with managing the airline until a strategic equity partner could come on board. But the failed deal necessitated the change. “The filling of these posts is a positive and decisive step aimed at providing organisational stability and predictable direction of the growth plans and expansion plans currently being pursued”, said Derek Hanekom, chairperson of the SAA interim board of directors. “The commitment of all employees who serve as the backbone of the airline and who believe in the growth of SAA is highly appreciated by the SAA board,” Hanekom added.

  • Read the full original of the report in the above regard by Nicholas Zaal at The Citizen


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