SAA will not be able to pay salaries for November on normal payment dates

But two unions involved continue open-ended pay strike demanding 8% salary increases

An SAA aeroplane at OR Tambo International Airport in Johannesburg. Picture: REUTERS/MIKE HUTCHINGS

The announcement on Thursday evening came a day after public enterprises minister Pravin Gordhan told MPs that the airlineThe airline has posted more than R18bn in losses since the 2015 financial year. But that did not stop me “The company has yet to secure R2bn working capital to fund daily operations and this includes payment of salaries to all employees,” he said.

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