Aviation Expert Guy Leitch says the aviation industry has not fully recovered since COVID-19.
This comes as more than 200 FlySafair pilots affiliated to Solidarity are set to embark on a two-week strike from today.
The union says they have given the employer a notice to strike following a deadlock in wage negotiations.
Solidarity has rejected the airline’s proposed 5.7% salary increase.
Leitch says Flysafair is a low-cost carrier and always attempts to keep its costs down as far as possible.
He says the airline is faced with a lot of challenges and that might take time to resolve.
Leitch says, “I mean what is exacerbating the situation is the claims by Solidarity that two senior executives, the CEO and the CFO of the airline are pocketing as much as R90 million in terms of shares that they’re saving and it’s very worrying that they’re saving shares, and that’s not a good sign when senior management start selling of shares.”
“The airline has these other challenges as we know. It has problems with its foreign licence ownership limitations, which it falls foul of. When its license came to an end, end of last year, that one has not been properly resolved or ended, if you like.”
VIDEO | Solidarity on FlySafair strike:
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