Training scheme boosts offer to employees in SAA rescue plan
And the add-on to the package now has acceptance of labour as one of its necessary conditions
SAA’s business rescue practitioners published an updated plan on Wednesday with few material changes other than an offer to place 1,000 employees on a training layoff scheme instead of retrenchment.
The change came about as a result of talks between the department of public enterprises and majority trade unions the National Union of Metalworkers of SA (Numsa) and the SA Cabin Crew Association (Sacca) earlier this week.
The change means that all trade unions, including the SAA Pilots’ Association, have accepted the terms of the voluntary severance package offered by the airline. ..