South African Airways favours Vodacom executive for CE
South African Airways has identified Vodacom Group executive Vuyani Jarana as the leading candidate to become the struggling carrier’s first permanent CE since Nov 2015, according to 3 people familiar with the matter. The debt-laden airline hasn’t made a profit since 2011 and is in talks with banks about repaying or refinancing US$685m of loans due at the end of the week. The carrier needs an experienced executive from the private sector to turn it around, said one of the people. Jarana, 46, has been head of Vodacom’s enterprise division since 2012 and was previously COO of the Johannesburg-based wireless carrier. He is the preferred choice of a number of board members appointed to SAA by the National Treasury last year, one of the people said. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-06-29/star/south-african-airways-favours-vodacom-executive-for-ce
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South African Airways favours Vodacom executive for CE
South African Airways has identified Vodacom Group executive Vuyani Jarana as the leading candidate to become the struggling carrier’s first permanent CE since Nov 2015, according to 3 people familiar with the matter. The debt-laden airline hasn’t made a profit since 2011 and is in talks with banks about repaying or refinancing US$685m of loans due at the end of the week. The carrier needs an experienced executive from the private sector to turn it around, said one of the people. Jarana, 46, has been head of Vodacom’s enterprise division since 2012 and was previously COO of the Johannesburg-based wireless carrier. He is the preferred choice of a number of board members appointed to SAA by the National Treasury last year, one of the people said. <br/>
