Labor groups accept SAA pay settlement paving way for revival

Seven labor groups representing workers at South African Airways who’ve not been paid since March agreed to accept a settlement offer of three months’ wages, a move that will aid the government’s efforts to revive the bankrupt state airline. Members of the groups, including the South African Transport and Allied Workers’ Union and the Solidarity union, will also receive a lump-sum payment related to an increase they were owed and part of a year-end bonus, the Department of Public Enterprises Enterprises said Thursday. “Funding made available by government is limited and focused on restructuring South African Airways and restarting operations at the airline and subsidiaries,” the department said. “The availability of these funds is a product of government having had to do some belt-tightening to make the restructuring possible.”<br/>