Trade unions NUMSA and the South African Cabin Crew Association have issued the South African Airways, SAA with a 48-hour strike notice over the planned job cuts at the national carrier and this means strike action will commence on Friday. The unions have been briefing the media in Johannesburg. SAA earlier announced its intention to restructure - and that could result in job cuts. Meanwhile the Chief Financial Officer of SAA Deon Fredericks says they do not have the financial capacity to increase wages at this point in time…

CLIP: SAA CFO

LINK: And that was the Chief Financial Officer of SAA Deon Fredericks. For the latest we are now joined on the line by Aviation economist, Joachim Vermooten…

GUEST: Aviation economist, Joachim Vermooten....