SAA has suffered huge financial losses: Ramasia

Acting Chief Executives Officer at South African Airways Zuks Ramasia says, the airline has continued to incur a number of costs as a result of the ongoing strike by workers.

This comes as striking workers and management meet. She says losses range from denied boarding compensation, to loss of future ticket sales. She says the airline cannot afford to meet the union’s demands of an eight percent salary increase.

Ramasia says the national carrier is still trying to source funding from lenders as it is still sitting with R9.7 billion debt. She says SAA will continue to engage with unions.

Meanwhile, Chief Commercial Officer at SAA Phillip Saunders says the airline will from Thursday re-introduce domestic flights from Johannesburg to Cape Town and a return flight from Durban to Johannesburg.

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Source: SABC News (sabcnews.com)