How can SAA change its course from its current woes?
from The Forum@8 Hosted by SAfm
Has South African Airways descended to a point of no return? Or Can the National carrier recalibrate its course? We ask these questions in the wake of a list of issues plaguing the airline. Aside from pilots delivering a vote of confidence in SAA's leadership, there have been top-level resignations and great concern over the restructuring an existing airbus deal that may sink the airline. When executives appeared before Parliaments portfolio committee finance and public enterprises they admitted that SAA would not achieve going concern status unless the Treasury granted it another guarantee of about R4bn-R5bn, bringing the total guarantees to about R20bn.But it's time for a facelift as the Presidency goes through the process of appointing a new board. On the Forum at eight this morning we discuss how the SAA can change its course from its current woes?
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