{"id":330965,"date":"2019-12-02T07:54:24","date_gmt":"2019-12-02T05:54:24","guid":{"rendered":"https:\/\/mybroadband.co.za\/news\/?p=330965"},"modified":"2019-12-02T07:58:51","modified_gmt":"2019-12-02T05:58:51","slug":"radical-restructuring-planned-for-saa","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/government\/330965-radical-restructuring-planned-for-saa.html","title":{"rendered":"&#8220;Radical restructuring&#8221; planned for SAA"},"content":{"rendered":"<p>South African Airways (SAA) has suffered greatly due to the strike initiated by NUMSA and SACCA and requires a radical restructuring to move forward.<\/p>\n<p>This is according to a statement from Public Enterprises Minister Pravin Gordhan, who said that SAA is unable to continue in its current form.<\/p>\n<p>&#8220;The strike initiated by NUMSA and SACCA caused immense damage to the reputation, operations, and the deterioration of the finances of SAA,&#8221; Gordhan said.<\/p>\n<p>&#8220;The airline group will now go through a radical restructuring process which will ensure its financial and operational sustainability. There is no other way forward.&#8221;<\/p>\n<p>Gordhan added that the South African government is committed to a viable, sustainable, and profitable national airline, and it is exploring various solutions to achieve this vision.<\/p>\n<p>&#8220;It is our collective responsibility as South Africans to support SAA in its efforts to restore sales confidence among its customer base and rebuild revenues in the shortest possible time,&#8221; he said.<\/p>\n<p>&#8220;We therefore reassure customers and encourage them to buy tickets with confidence.&#8221;<\/p>\n<p>Gordhan stated that SAA is determined to remain open for business, adding that the airline would intensify its marketing campaigns to rebuild confidence in the airline.<\/p>\n<h3 class=\"my-4\">Now read: <a href=\"https:\/\/mybroadband.co.za\/news\/government\/330889-the-plan-to-merge-saa-with-ethiopian-airlines.html\" rel=\"bookmark\">The plan to merge SAA with Ethiopian Airlines<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>South African Airways (SAA) has suffered greatly due to the strike initiated by NUMSA and SACCA and requires a radical restructuring to move forward.<\/p>\n","protected":false},"author":341028,"featured_media":150195,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[18668],"tags":[62063,7351],"class_list":["post-330965","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-government","tag-radical-restructuring","tag-south-african-airways"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/330965"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/341028"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=330965"}],"version-history":[{"count":0,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/330965\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/150195"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=330965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=330965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=330965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}