SAA to have three divisions – Vuyani Jarana
The chief executive officer of South African Air line, Vuyani Jarana has said the Airline will be divided into three business units as measures to enable better business conditions for the airline.
The chief executive of the airline said the plan will involve the partial sale of the airlines catering unit.
The state-owned airline is facing challenges in the airline business and this has resulted in the new changes.
Mr. Jarana explained that South Africa Airways (SAA), has not made profit since 2011. The measures will help the company organized itself into domestic, regional and business units.
Some of the measures will include, each units created will have its own management, this will be different from the previous, where decisions were centralized. This will make the airline business move fast and increased accountability.
The chief executive officer stated: “We are evolving into an operating model of three business units”.
He noted that: “We want to build a new SAA, fit for the future, place the right people in the right job”.
Related Posts
Henos Energy launches first drive-thru LPG outlet in Ghana
Henos Energy has officially commissioned Ghana’s first Drive-Thru Cylinder Distribution Outlet (CDO) at East Legon Hills in Accra,…
ByCoronation Insurance concludes year-long recapitalisation under new Insurance Act
Coronation Insurance Plc and Coronation Life Assurance Limited have successfully met the new minimum capital requirements under the…
CIC Insurance launches new CIC Impact
-To target Kenya’s microinsurance market CIC Insurance Group has officially launched CIC Impact, a specialized microinsurance subsidiary aimed…
Africa50 Appoints Djalal Khimdjee as new CEO, Principal Investment Fund
Africa50, the pan-African infrastructure investment platform, has appointed Djalal Khimdjee as Chief Executive Officer of its Africa50 Principal Investment Fund (formerly Africa50…
Gallery
