SAA to be reorganised into three units, CEO Vuyani Jarana announces
SAA will be split into domestic, regional and international business units, each with their own management
Struggling state-owned SAA will be reorganised into three business units as part of a revamp plan that could also involve the partial sale of the airline’s catering unit, its CEO said on Monday. Vuyani Jarana said the firm — which has not made a profit since 2011 and was given a R5bn bail-out in 2018 to shore up its balance sheet — will organise itself into domestic, regional and international business units. Each unit will have its own management, rather than decisions being centralised, in a bid to make the airline more agile and increase accountability. “We are evolving into an operating model of three business units,” Jarana told the briefing. “We want to build a new SAA, fit for the future, place the right people in the right jobs,” he said. Jarana also said the company was exploring the partial sale of its catering unit, Air Chefs, as part of the restructuring. SAA, which expects to make another large financial loss this year, hopes to turn a profit by 2021 via restructuring a...
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