SAA on life-support and will collapse due to strike

briefly.co.za

- briefly.co.za | 3 weeks ago

Thandeka Mgoduso, acting chair of SAA, has said that the airline will be beyond rescue if employees continue to strike.

The loss of income would mean that salaries would not be paid. Currently, the national carrier is only operating due to goodwill on the side of lenders and if the strike continues the airline faces liquidation according to mybroadband.co.za.

“If this strike perpetuates and there is no money coming into the company, everyone that we owe will want their money and where does the money come from?” Mgoduso said.

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