SAA is renting out its pilots and cabin crew
Pilots and cabin crew from South African Airways will be loaned to other airlines, as the debt-ridden carrier tries to save itself. The airline’s CE, Vuyani Jarana, said that it was part of his cost-cutting scheme to save South African Airways. Jarana hopes that South Africa’s underused pilots can take advantage of the global pilot shortage, instead of having to lay off staff. The South African Airlines pilots association said it was “dismayed” that its members would have to be contracted to airlines like Emirates, Turkish Airlines and Cathay Pacific “as a result of extremely poor fiscal control and mismanagement.” The union has approached the courts to compel the govt to place SAA under business rescue, which could force the company to restructure and undertake any other means to save it from its current financial distress. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-07-02/star/saa-is-renting-out-its-pilots-and-cabin-crew
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SAA is renting out its pilots and cabin crew
Pilots and cabin crew from South African Airways will be loaned to other airlines, as the debt-ridden carrier tries to save itself. The airline’s CE, Vuyani Jarana, said that it was part of his cost-cutting scheme to save South African Airways. Jarana hopes that South Africa’s underused pilots can take advantage of the global pilot shortage, instead of having to lay off staff. The South African Airlines pilots association said it was “dismayed” that its members would have to be contracted to airlines like Emirates, Turkish Airlines and Cathay Pacific “as a result of extremely poor fiscal control and mismanagement.” The union has approached the courts to compel the govt to place SAA under business rescue, which could force the company to restructure and undertake any other means to save it from its current financial distress. <br/>
