South African Airways CEO resigns: Fin24

World News: . []

South African Airways CEO resigns: Fin24South African Airways (SAA) Chief Executive Officer Vuyani Jarana has resigned due to what he said was the lack of progress on a strategy to turn around the loss-making airline, Fin24 financial news website reported on Sunday. The state-owned airline has not turned a profit since 2011. Citing Jarana's resignation letter to SAA board chairperson Johannes 'JB' Magwaza, Fin24 said the CEO cited uncertainty about funding and how slow decision making processes were delaying the airline's turnaround strategy.


Read More: LINK 

Published: .

Search for other references to "south" on SPi News


Share

Previous StoryNext Story

SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
 
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.
 
Privacy Policy | Terms and Conditions | Contact Us