SAA situation shows damage done to good people’s lives by people such as Dudu Myeni
If SAA and its associated 10,000 jobs or so are to be saved, the airline must be put into business rescue without delay
My son and daughter-in-law recently flew to and from New York on SAA flights to attend my nephew’s wedding in Elkhorn, Wisconsin. They reported that they had a very pleasant and comfortable trip with excellent service from the cabin crews. Listening to them I was reminded of the extent of the damage done to good people’s lives by people such as Dudu Myeni, the previous SAA board chair, and the effect malfeasance has had on the future prospects of good people in SAA, like the cabin crews on those flights to and from New York. SAA has consumed R31.4bn in “bailouts” that could have been used to stimulate the economy and create jobs. The bailouts started immediately after SAA was unbundled from Transnet in 2007 and have exploded in the past two years. SAA has been paid cash of R700m in 2007, R1.6bn in 2010; and a staggering R10bn in 2017. Late in the evening of November 28, parliament approved a further R5bn cash bailout for SAA. None of this huge amount will be used to buy new aircraft...
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