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South African Airways Chief Executive Officer, Vuyani Jarana, has resigned due to what he said was...

1 month ago Western Cape

South African Airways Chief Executive Officer, Vuyani Jarana, has resigned due to what he said was......

South African Airways 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. The airline has not turned a profit since 2011. Jarana's resignation letter to SAA board chairperson JB Magwaza, cited uncertainty about funding and how slow decision-making processes were delaying the airline's turnaround strategy. He is to work a three-month notice period until August 31, 2019. Jarana was appointed CEO in November 2017. SAA spokesperson, Tlali Tlali said the airline board would issue a statement shortly.

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