Johannesburg – Revenue at South African Airways Technical has plummeted, and its interim CEO says it has insufficient work for its employees.
In March, revenue was down 83% to R43 million.
In the same period last year, the SAA subsidiary recorded around R246 million in revenue.
The numbers were revealed in a notice sent to labour unions by interim CEO Terrance Naidoo.
SAA Technical is chiefly responsible for maintenance and repair of aircraft fleets, including those of Mango, SAA and Comair.
In April it was responsible for the maintenance of 34 fleets, compared with 86 before the pandemic.
