South African Airways to terminate staffs

Monday, April 20, 2020

South African Airways  revealed plans  to release all employees at the end of April. It is expected that  some 4,700 staff at the airline will see contracts terminated in just a few days.

It was noted that the carrier has been on life support for nearly a decade, losing money each year and only sustained by funds from the South African government.

Air travel is at a virtual standstill due to the pandemic  and the situation has become untenable.

Earlier this year South African Airways received its bailout but with all international and domestic services currently grounded the future seems bleak.

The carrier is working on severance packages for employees and staff will be offered one month of pay, plus one week of pay for every year of service.

But the ability of the airline to pay this is dependent upon successful sale of assets, including planes, real estate and landing slots.

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