Unions welcome adjournment of SAA business rescue vote

In a joint statement on Friday (June 26) the National Union of Metalworkers of South Africa (Numsa) and the South African Cabin Crew Association (Sacca) have expressed their relief that 69% of the creditors of South African Airways (SAA) voted to adjourn (to July 14) the vote on the proposed business rescue plan for the financially-embattled State-owned national flag carrier. Numsa and Sacca had been among those opposed to the proposed business rescue plan and they, along with the Airline ...

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