South African Airways (SAA) CEO designate Vuyani Jarana said: "There will be no miracles at SAA", adding: "You need management and a board that is committed to transform the airline and return it to profitability" (Bloomberg, 01-Sep-2017). Mr Jarana stated: "There is a strategy in place to 'stop the bleeding' and I am confident that it will succeed, and that we can negotiate plans for refinancing. The exciting part will be in re-engineering the commercial and growth strategy and improving customer satisfaction". Mr Jarana also commented: "I would want to see more people with airline and international experience joining me at SAA".
New SAA CEO confident in turnaround plan but expects 'no miracles'
1 September, 2017