state-owned airline

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Local

OUTA: Political interference hinders SAA’s success

By Lee-Yandra Paulsen The Organisation Undoing Tax Abuse (OUTA) asserts that government procurement processes and political interference will continue to hinder South African Airways (SAA) ability to succeed in the medium term. The state-owned airline, which exited business rescue after the failed Takatso Consortium deal, reportedly needs an equity partner to stay afloat. Earlier this year, SAA reported a loss of R771 million. OUTA's CEO, Wayne Duvenage, explained, "Many countries […]

today16 July 2024

International News

Qatar Airways defers half of some employees’ wages for three months

Qatar Airways on Tuesday said mid-level employees and above will have their salaries halved for at least three months but that staff would be back paid when the airline could afford it. Partially deferring salaries was a temporary measure that is expected to last for three months starting April, the airline said, though cautioned it could be extended “depending on the economic situation”. Unpaid portions of salaries would be paid […]

today22 April 2020

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