On December 3rd local time, a large number of South African Airlines employees waiting for business rescue at home went to Johannesburg International Airport to protest.
Protesters said that it has been a year since South African Airlines entered the business rescue state, so far there is no full board of directors and permanent CEO, and employees have not been paid any for nearly six months.
South African Airlines is one of the top ten state-owned enterprises in South Africa.
The company has been in a loss state for nearly a decade. Since the outbreak of the novel coronavirus in South Africa in March this year, the South African aviation industry has been hit hard again.
Therefore, South African Airlines has been grounded and dormant since March this year and waiting for rescue.
Ethiopian Airlines Group expressed its willingness to participate in the management and operation of South African Airlines, but was unwilling to invest capital in solving the debt problem of South African Airlines.
Some banks in South Africa and Europe have expressed their willingness to inject capital, and the South African Ministry of Finance has also expressed its willingness to provide severance payments to 80% of South African Airlines employees, but it has not yet been implemented.
