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SAA employees offered severance packages

eNCA logo eNCA 2020-04-18

JOHANNESBURG - More than 4,700 South African Airways employees are being offered severance packages.

Business Rescue Practitioners want to complete the process by the end of the month.

a close up of a flag

READ: Government denies SAA further funds

This comes after the government refused the embattled airline's request for a further R10-billion in funding.

SAA’s liquidity problem has been further impacted by the COVID-19 pandemic.

Cabinet has directed Public Enterprises Minister Pravin Gordhan to prepare an updated report on SAA after his department denied the bailout.

READ: SAA suspends all domestic flights

For now, the airline continues to charter flights to and from South Africa, as well as bringing in essential cargo.

eNCA's Heidi Giokos has the details in the video above.

South Africa in lockdown (MSN) 

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