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The logo of South African Airways (SAA) is seen on an aircraft at O.R. Tambo International Airport in Johannesburg, South Africa, February 14, 2019. Picture taken February 14, 2019. REUTERS/Mike Hutchings/File Photo

Home » South African Airways Signs Wage Deal with NTM Union

South African Airways Signs Wage Deal with NTM Union

South Africa‘s National Transport Movement (NTM) on Friday signed a wage deal with South African Airways (SAA) for a 5.9% pay rise for the 2019/20 financial year that started in April, according to a copy of the deal seen by Reuters. NTM is one of the largest unions at state-owned SAA, but its members are not participating in […]

By Reuters
22-11-19 11:18
in Business
south african airways into business rescue phillip saunders
The logo of South African Airways (SAA) is seen on an aircraft at O.R. Tambo International Airport in Johannesburg, South Africa, February 14, 2019. Picture taken February 14, 2019. REUTERS/Mike Hutchings/File Photo

South Africa‘s National Transport Movement (NTM) on Friday signed a wage deal with South African Airways (SAA) for a 5.9% pay rise for the 2019/20 financial year that started in April, according to a copy of the deal seen by Reuters.

The logo of South African Airways (SAA) is seen on an aircraft at O.R. Tambo International Airport in Johannesburg, South Africa, February 14, 2019. Picture taken February 14, 2019. REUTERS/Mike Hutchings/File Photo

NTM is one of the largest unions at state-owned SAA, but its members are not participating in a crippling strike that entered the eighth day on Friday and has left the airline with almost no cash.

NTM president Mashudu Raphetha told Reuters that the wage deal was subject to SAA securing additional funds and that the salary increase would start from February 2020. NTM members would receive back payments in March and April 2020, he added.

(Reporting by Alexander Winning; editing by Olivia Kumwenda-Mtamba)