On Now
Weekdays 09:00 - 12:00
Mid-Morning Magic Yolanda
NEXT: 12:00 - 15:00 At Lunch with Pulane
Listen Live Streams

National

SAA confirms Parsons' resignation

───   08:10 Sun, 26 Jul 2015

SAA confirms Parsons' resignation | News Article

Johannesburg - South African Airways has confirmed that their chief strategy officer Barry Parsons has resigned.

According to spokesperson Tlali Tlali, the airline received correspondence to this effect from Parsons on Friday.
 
News24 reported that Parsons had resigned as chief strategy officer and the airline's board of technical directors, based on what appeared to be a resignation letter containing damning remarks about the airline, which is surviving on government bailouts.
 
According to a report by BDlive earlier this month, the 2015 corporate plan looked at saving more than R900m over three years through staff reductions.
 
Parsons said that central to his decision were major interventions in the supply chain by individual non-executive directors.
 
These included fuel, debt finance and other services like ground handling, which were "thinly veiled as additional transformation requirements".
 

@ 2024 OFM - All rights reserved Disclaimer | Privacy Policy | We Use Cookies - OFM is a division of Central Media Group (PTY) LTD.