SAA to start job cuts?

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Re: SAA to start job cuts?

Unread post by GL » Tue Dec 03, 2019 6:25 am

Unfortunately, well intentioned as it is, that comment has been met with derision by most I know - as in "haven't our taxes done enough already?"
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Re: SAA to start job cuts?

Unread post by Ugly Duckling » Tue Dec 03, 2019 7:27 am

Not Zapiro this time :D
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Re: SAA to start job cuts?

Unread post by gregdeklerk » Tue Dec 03, 2019 9:51 am

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Re: SAA to start job cuts?

Unread post by snoopy » Tue Dec 03, 2019 11:11 am

GL wrote:
Tue Dec 03, 2019 6:25 am
Unfortunately, well intentioned as it is, that comment has been met with derision by most I know - as in "haven't our taxes done enough already?"

If Travel Insurance Consultants (TIC), a wholly owned Santam specialist business ...has pulled the plug on SAA, why would anyone in their right mind go and spend more of their money on buying uninsured airline tickets or travel deals from a bankrupt company?

As sad as it is - one cant keep this SOE afloat anymore with tax payer money that doesn't even exist to bail them out again. 10 years was ample time to turn it around. And the bottom line is - it failed.

Wait till those who do carry on doing the same, end up having to pay for this - out of their own pockets. It can easily trump up to a ZAR Million or more per incident. If the country you are travelling to will even allow you entry without travel insurance.

Medical and Related Expenses and Assistance Services
Evacuation
Cancellation
Curtailment
Personal Liability
Personal Accident
Lost or Stolen Luggage
Travel Delay
Legal Assistance

Time to move on - to something else. SAA's private competition can still fly the SA flag in SA. and proudly so.
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Re: SAA to start job cuts?

Unread post by ARM505 » Tue Dec 03, 2019 12:49 pm

Romeo E.T. wrote:
Mon Dec 02, 2019 10:46 pm
Image
It's b.s. like this that reminds me why governments shouldn't be in the airline business. Seriously, 'it's our responsibility as South Africans'?! No. It isn't. Not even close. It's our responsibility to pay our taxes, enforced by people with guns who will lock you up if you don't. That's the limit of our 'support', and it's already given unwillingly. Dont pull this 'patriotic duty' b.s. What an absolute mindset fail.
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Re: SAA to start job cuts?

Unread post by Jfairwell » Tue Dec 03, 2019 4:03 pm

Gordhan is a financial arsonist; a bureaucrat that has only ever spent other people's money.

He has caused untold damage to the South African economy since he became Zuma's finance minister in May 2009. He inherited a government debt to GDP of 27%, which was carefully nurtured downwards by his predecessor Trevor Manual, and allowed it to balloon to 47% in only 5 years through reckless socialist projects. Today that % clocks in above 70% when all the SOE guarantees are included.

He is ideologically blind and does not have the ability nor foresight to manage his portfolio at DPE. Neither does he have the team; the DG responsible for aviation was a cabin attendant at Link for crying out loud.

SAA has no chance.
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Re: SAA to start job cuts?

Unread post by Induna » Tue Dec 03, 2019 4:14 pm

ARM505 wrote:
Tue Dec 03, 2019 12:49 pm
Romeo E.T. wrote:
Mon Dec 02, 2019 10:46 pm
Image
It's b.s. like this that reminds me why governments shouldn't be in the airline business. Seriously, 'it's our responsibility as South Africans'?! No. It isn't. Not even close. It's our responsibility to pay our taxes, enforced by people with guns who will lock you up if you don't. That's the limit of our 'support', and it's already given unwillingly. Dont pull this 'patriotic duty' b.s. What an absolute mindset fail.
Agreed. We do not have control over SAA. We just pay the taxes and see it being thrown into the void... This seems like a tactic to let us feel “sorry” and “responsible “ to what is happening to SAA and want us to throw even more money down the drain..!!
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Re: SAA to start job cuts?

Unread post by HJK 414 » Tue Dec 03, 2019 4:15 pm

Romeo E.T. wrote:
Mon Dec 02, 2019 10:46 pm
Image
Well,

If one were to assume that the remark was made with good intentions, the follow on would be the question whether the Government will also be as so kind to add insurance to all the tickets bought by the "loyal" travellers once they buy a flight on SAA - thereby mitigating the risk, and rewarding the "patriotic responsibility" of the South African traveller.

A sort of : - "Government - don't ask us to trust you - but trust your own actions and show us that you can be trusted"

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Re: SAA to start job cuts?

Unread post by biffvj » Tue Dec 03, 2019 7:52 pm

The South Africans referred to contribute the greater bulk of all taxes paid into the governments cookie jar; and those same South Africans are the ones that have to suck on the hind tit when it comes to government expenditure and services, never mind the theft and embezzlement.
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Re: SAA to start job cuts?

Unread post by ERASER » Wed Dec 04, 2019 5:35 am

Bryte insurance company has reviewed their withdrawal from SAA ticket insurance and is now again supplying insurance on SAA tickets. Either government intervention or a relook at their budget and saw their bottom line will take a serious hit.
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Re: SAA to start job cuts?

Unread post by dollar » Wed Dec 04, 2019 8:26 am

I had to buy two return tickets for my kids yesterday. Local. I caught myself selecting Kalula without even checking the prices of the “others” - as I normally do. I wonder how many of the “other” airlines customers may be doing this?
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Re: SAA to start job cuts?

Unread post by snoopy » Wed Dec 04, 2019 10:49 am

HJK 414.... with what money is the government going to cover the insurance. :lol: :twisted:

"The two things we don’t have are time and money, and yet Ramaphosa acts as if there is no urgency and we have all the money we need. The R59bn committed to Eskom over the next two years will have to come from somewhere, as will the R230bn already promised to the power utility over the next 10 years, along with the money pledged to SAA and the SABC.

As we discovered in parliament last week, much of this will come from money meant for poor South Africans as departmental budgets are redirected towards these massive bailouts. We will also have no choice but to go even further into debt. Already our debt-to-GDP stands at 57%, and Fitch projects this will reach 68% in three years, well above the 60% targeted by the government."

Billions of rand are now being diverted from social development, public transport, healthcare, housing, municipal infrastructure and policing to bailout failing state companies, and that is what employees in those companies dont want to realize - who they WORK for is THE problem.

.... :idea:
Last edited by snoopy on Wed Dec 04, 2019 11:19 am, edited 1 time in total.
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Re: SAA to start job cuts?

Unread post by HJK 414 » Wed Dec 04, 2019 11:01 am

snoopy wrote:
Wed Dec 04, 2019 10:49 am
HJK 414.... with what money is the government going to cover the insurance. :lol: :twisted:
………..

Snoopy,

I realise that there is a problem with finances - yet if they wish the "South Africans" to be loyal to SAA - they will also have to make sure that the risk of buying an uninsured flight is managed - you can not place that risk on the pax's lap. Just imagine standing at JFK for the flight home and being told - sorry your flight is no longer operating - sort it yourself - bye bye ....... #-o

I am on the fence as to where this saga is going - I would like to see the annual figures before forming a final opinion on the possibility of keeping SAA in the air. The latest developments must have had a terrible effect on the RASM whilst the CASM will have stayed stable at best.

So - until someone in the SAA management has the guts to table some - long overdue figures - it all stays a game of presumption / shadows and interpretation of sound bites.

JK
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Re: SAA to start job cuts?

Unread post by snoopy » Wed Dec 04, 2019 11:27 am

Who in their right frame of mind will keep on working for delinquent directors/members/boards of state companies. Because in doing so it will eventually blow up in the ordinary employee's face.

So those who know that to be the case (such as SAA Pilots' Association) also know the writing is on the wall - if the delinquents refuse to leave, because things are simply too good for them to leave. :idea:

And obviously the pilots are not going to attempt career suicide if they still have other options in the interim. But a fish rots from its head, and if you are part of the fish...your career will die with it, when it eventually dies, even if you are the smallest scale on the tail end.

And if "restructuring" SAA is going to mean breaking it up into different parts - its going to cost the tax payer EVEN MORE tax money, because then they need to keep a couple of state run entities alive, all with their own management. Who together; when they were one, failed.
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Re: SAA to start job cuts?

Unread post by Bearcat » Wed Dec 04, 2019 8:26 pm

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