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Tuesday, 19 February 2019

SOUTH AFRICA'S STATE AIRLINE TO REORGANISE IN TURNAROUND DRIVE

Vuyani Jarana, SAA Group Chief Executive Officer, poses for a photograph next to a South African Airways logo in Johannesburg, South Africa February 18, 2019.
JOHANNESBURG (Reuters) - South Africa’s struggling state-owned airline will reorganise into three business units as part of a revamp plan that could also involve the partial sale of its catering unit, its chief executive officer said on Monday.

Vuyani Jarana said during a briefing that South African Airways (SAA), which hasn’t made a profit since 2011, would organise itself into domestic, regional and international business units.

Each unit will have its own management, rather than decisions being centralised, in a bid to make the airline more agile and increase accountability.

“We are evolving into an operating model of three business units,” Jarana told the briefing.

“We want to build a new SAA, fit for the future, place the right people in the right job,” he added.

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