The Labour Court's decision to side with two trade unions in its judgment on Friday was a major blow to the administrators as they have said that layoffs are necessary to avoid the airline being liquidated.
State-owned SAA has been fighting for its survival since entering a form of bankruptcy protection in December.
Its fortunes deteriorated when the coronavirus pandemic forced it to halt all commercial passenger flights and the government said it would not provide further funding.
The administrators have until the end of the month to draft a rescue plan for SAA, which has not made a profit since 2011 and has received bailouts worth more than 20 billion rand ($1.1 billion) over the past three years.
© Reuters, aero.uk | 11.05.2020 12:41
Leser-Kommentare (0) Zur Startseite
Um einen Kommentar schreiben zu können, müssen Sie sich bei aero.de registrieren oder einloggen.