Streaming issues? Report here
CapeTalk logo 2017 1500 x 1500
Weekend Early
03:00 - 06:00
volume_up
volume_mute

Up Next: Weekend Breakfast with Africa
See full line-up
Weekend Early
03:00 - 06:00
Home
arrow_forward
Business
arrow_forward
Local
arrow_forward
Politics

'Unions are making a mistake. SAA is dying. It’s not Eskom – we don’t need it'

14 November 2019 9:02 AM
Tags:
South African Airways
SAA
NUMSA
The Money Show
Bruce Whitfield
Guy Leitch
SA flyer Magazine
SA Cabin Crew Association
labour relations
SAA is on its knees, cap in hand, asking taxpayers for R2 billion this month. Unions must be careful, warns Guy Leitch (SA Flyer).

This is an airline fighting for its life… Passenger for passenger, SAA is - by any measure around the world – overstaffed…

Bruce Whitfield, The Money Show
Image credit: Christopher Griner (https://www.flickr.com/photos/air_traveller/)

Follow Christopher Griner on Flickr.

South African Airways (SAA) has cancelled all flights scheduled for Friday and Saturday.

Numsa and the SA Cabin Crew Association will start striking on Friday to protest their unhappiness about SAA’s restructuring plans to keep it going.

The cash strapped airline has cost longsuffering taxpayers R28 billion in 13 years.

The strike will see the airline burn through R52 million per day.

The Money Show’s Bruce Whitfield interviewed Guy Leitch, Managing Editor at SA Flyer Magazine.

SAA is right. A small thing can push it over the edge. It’s on its knees, cap in hand, looking for R2 billion this month… Tito Mboweni has been hinting darkly that he wants to get rid of it. The unions are making a mistake here…

Guy Leitch, Managing Editor - SA Flyer Magazine

This is the 10th loss. Maybe it’s time to draw a line in the sand. The unions are on shaky ground… Perhaps this is the opportunity Government sought to rid itself of this burden.

Guy Leitch, Managing Editor - SA Flyer Magazine

This could well be the end of SAA… it is surviving purely on goodwill, burning through R2 billion a year… the Ministers are looking for an excuse to move against these SOEs which have cost them so much for so long. The unions should be very careful here… they could find themselves completely without jobs.

Guy Leitch, Managing Editor - SA Flyer Magazine

The whole airline is such a snake pit; I think entrenched interests have their knives out for the board…

Guy Leitch, Managing Editor - SA Flyer Magazine

Listen to the interview in the audio below.

Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : 'Unions are making a mistake. SAA is dying. It’s not Eskom – we don’t need it'


14 November 2019 9:02 AM
Tags:
South African Airways
SAA
NUMSA
The Money Show
Bruce Whitfield
Guy Leitch
SA flyer Magazine
SA Cabin Crew Association
labour relations

More from Business

ramaphosa-gordhan-mantashe-eskom-meeting-khusela-diko-tweetjpg

Eskom saboteurs are the empty suits that are running SA - Sikonathi Mantshantsha

13 December 2019 2:05 PM

The Daily Maverick's Sikonathi Mantshantsha says government leadership is truly to blame for the current Eskom mess.

Share this:
Read More arrow_forward

Lana Marks United States Ambassador to South Africa

Donald Trump’s new SA ambassador Lana Marks talks trade, rugby and impeachment

13 December 2019 10:37 AM

Refilwe Moloto interviews Marks on her first visit to Cape Town since taking up her new role.

Share this:
Read More arrow_forward

sarb-bank-notesjpeg

Reserve Bank Governer: Our task is not to bail out Eskom or any SOEs

13 December 2019 8:37 AM

Sarb Governor Lesetja Kganyago highlights responsibilities of Reserve Bank and why interest rates are a tool not policy objective.

Share this:
Read More arrow_forward

debt-managementjpeg

How to know if your finances are on track after a lousy year

12 December 2019 8:05 PM

How do you measure if you are financially on track after a lousy year?

Share this:
Read More arrow_forward

190918saudijpg

Aramco is now the world's largest listed company

12 December 2019 7:23 PM

This massive state oil producer is now the world's first $2 trillion company.

Share this:
Read More arrow_forward

Solar

How this CEO is putting surplus power back into the Eskom grid

12 December 2019 7:19 PM

Is there an option for mass solar supply to South Africa in the near future? This entrepreneur thinks so.

Share this:
Read More arrow_forward

Solar and wind solutions

Eskom: Some solutions right now

12 December 2019 6:31 PM

What are the immediate and existing solutions to Eskom's generation issues?

Share this:
Read More arrow_forward

81a3255d-f359-4d9d-99ef-4b30a09cca2e.jpg

Why we can't place all our SOEs under business rescue

12 December 2019 5:43 PM

Should we use business rescue to save all our parastatals? Specialist attorney Gareth Cremen explains why that's not a good idea.

Share this:
Read More arrow_forward

Sabotage pliers cable cutting

'I trust my members. It’s not in their capacity to sabotage Eskom'

12 December 2019 1:13 PM

"We don’t trust those engineers at Eskom. We don’t trust management and we don’t trust the board," says Joseph Montisetse (NUM).

Share this:
Read More arrow_forward

a831fb5f-2667-445f-b98a-91d01c9ca404.jpg

Task team plans to alleviate Cape Town port congestion

12 December 2019 1:11 PM

A task team has been created to deal with issues at the Cape Town port, from a shortage of cranes to heavy traffic flows.

Share this:
Read More arrow_forward

More from Local

2019-12-04-malebomalope-uctjpg

Meet Malebo Malope, a PhD student who's now SA's first black genetics counsellor

14 December 2019 12:44 PM

She shares how she went from struggling with the area of study to becoming one of the youngest rising stars in the field.

Share this:
Read More arrow_forward

constitutional-court-of-south-africajpg

ConCourt rules common purpose must apply to rape: all accomplices equally liable

14 December 2019 10:51 AM

The Constitutional Court has ruled the doctrine of common purpose should be applied to the crime of rape.

Share this:
Read More arrow_forward

160425Staggie06.jpg

Mood in Manenberg 'precarious' as analyst fears revenge attacks over Staggie hit

14 December 2019 9:39 AM

An analyst suspects that the brazen killing of Rashied Staggie won't go unpunished and the community of Mannenberg remains alert.

Share this:
Read More arrow_forward

160425Staggie04.jpg

Hit on Rashied Staggie done to undermine Hard Livings gang, says criminologist

14 December 2019 9:13 AM

Prominent Cape Town gang figure Rashied Staggie was assassinated in his car on Friday by two gunmen in Salt River.

Share this:
Read More arrow_forward

Gavel of judge in law court legal 123rflegal 123rf

Court orders City of Cape Town to stop harassing homeless people

13 December 2019 2:30 PM

A High Court judge has extended an interdict stopping law enforcement officials from issuing fines and harassing homeless people.

Share this:
Read More arrow_forward

Mkhwebane

Mkhwebane fails to dodge personal costs order linked to Estina 'whitewash'

13 December 2019 1:29 PM

The High Court has dismissed the Public Protector's application for leave to appeal the Estina Dairy Farm report ruling.

Share this:
Read More arrow_forward

191206wcgif

Holiday road trip ahead? City offering free vehicle safety checks until Friday

13 December 2019 1:26 PM

CAR magazine technical consultant Nicol Louw runs through the vital checks you can get the experts to do and those to do yourself.

Share this:
Read More arrow_forward

130923Staggie .jpg

[BREAKING NEWS] Former Hard Livings leader Rashied Staggie murdered

13 December 2019 12:36 PM

The former Hard Livings leader was sitting in a car in front of his house in Salt River when someone sprayed it with bullets.

Share this:
Read More arrow_forward

20180223Yolisa Matakata Hawks3

WC top cop Yolisa Matakata expected to stabilise policing in the province

13 December 2019 12:28 PM

Premier Alan Winde and ANC's Cameron Dugmore are behind Matakata, who's tasked with bringing stability to policing in the province.

Share this:
Read More arrow_forward

giant-cigarette-butt-installationjpeg

Giant cigarette butts on Cape beaches, don't toss your stompies!

13 December 2019 11:52 AM

Clive Amsel explains the Kick Butt Campaign to raise awareness around not throwing cigarette butts on the ground.

Share this:
Read More arrow_forward

More from Politics

191214malemaeffnpajpg

EFF congress begins as Daily Maverick promises legal fight over 'media ban'

14 December 2019 11:43 AM

The party is holding its national elective conference at Nasrec this weekend amid a row over media accreditation.

Share this:
Read More arrow_forward

Gavel of judge in law court legal 123rflegal 123rf

Court orders City of Cape Town to stop harassing homeless people

13 December 2019 2:30 PM

A High Court judge has extended an interdict stopping law enforcement officials from issuing fines and harassing homeless people.

Share this:
Read More arrow_forward

Passport.jpg

Load shedding hampers Home Affairs services, but now back online we are assured

13 December 2019 1:54 PM

Department of Home Affairs spokesperson, Siya Qoza, explains how the power outages affected services to verify identities.

Share this:
Read More arrow_forward

Mkhwebane

Mkhwebane fails to dodge personal costs order linked to Estina 'whitewash'

13 December 2019 1:29 PM

The High Court has dismissed the Public Protector's application for leave to appeal the Estina Dairy Farm report ruling.

Share this:
Read More arrow_forward

191121malema2gif

'It's very difficult to imagine the EFF without Mr Malema'

13 December 2019 1:13 PM

Political analyst Ralph Mathekga looks at the upcoming Economic Freedom Fighters National People’s Assembly starting on Friday.

Share this:
Read More arrow_forward

20180223Yolisa Matakata Hawks3

WC top cop Yolisa Matakata expected to stabilise policing in the province

13 December 2019 12:28 PM

Premier Alan Winde and ANC's Cameron Dugmore are behind Matakata, who's tasked with bringing stability to policing in the province.

Share this:
Read More arrow_forward

Lana Marks United States Ambassador to South Africa

Donald Trump’s new SA ambassador Lana Marks talks trade, rugby and impeachment

13 December 2019 10:37 AM

Refilwe Moloto interviews Marks on her first visit to Cape Town since taking up her new role.

Share this:
Read More arrow_forward

sarb-bank-notesjpeg

Reserve Bank Governer: Our task is not to bail out Eskom or any SOEs

13 December 2019 8:37 AM

Sarb Governor Lesetja Kganyago highlights responsibilities of Reserve Bank and why interest rates are a tool not policy objective.

Share this:
Read More arrow_forward

20180223Yolisa Matakata Hawks1

MEC Fritz hopes new WC top cop can help take politics out of community policing

13 December 2019 7:44 AM

W Cape MEC for Community Safety Albert Fritz discusses the new appointment of Yolisa Matakata as the top cop in the province.

Share this:
Read More arrow_forward

191020borisjpg

UK general election: Bad weather will affect turnout, but who will benefit?

12 December 2019 6:18 PM

UK correspondent Peter Anderson gives his take on what's described as UK's most significant election for a generation.

Share this:
Read More arrow_forward