outh African Airways (SAA) has set aside over R100m for voluntary severance packages for managers, SABC radio news reported on Thursday.
This was part of an attempt by the airline to save R1.5bn after posting a loss of almost R9bn in the last financial year.
The airline wanted to retrench a large proportion of its 602 managers, SABC reported.
Public Enterprises Minister Alec Erwin was quoted by the SABC as saying that the airline hoped its job cuts would return it to profitability.