Emirates hiring across EX-YU

GLOBAL AVIATION NEWS

SAA sold

South Africa agreed to sell a majority stake in the country’s grounded national carrier to a local jet-leasing company and private-equity firm, ridding the government of an entity that has long been a drain on state finances. A consortium comprised of Johannesburg-based Global Airways, which owns recently launched domestic airline Lift, and private-equity firm Harith General Partners will take a 51% shareholding in South African Airways (SAA), Public Enterprises Minister Pravin Gordhan said. The government will retain a minority stake. The grouping named Takatso will invest as much as 3.5 billion rand ($258 million) over the next three years, Lift co-founder, Gidon Novick, and Harith Chief Executive Officer, Tshepo Mahloele, said in an interview. “Government will have no further financial obligations to the company, outside of the existing liabilities that they will settle”, Novick said. He added, “Route networks we are still working on, and it will be a phased roll-out based on demand re-emerging post Covid”. The sale of SAA comes about six weeks after the airline emerged from lengthy bankruptcy proceedings, having reduced its workforce by almost 80% and cut liabilities to about 2.6 billion rand. The next challenge is to resume international flights, though South Africa remains cut off from much of the world due to pandemic travel restrictions. A longer-term goal is to list the carrier on a stock exchange, Gordhan said. In the meantime, the government will retain special voting rights to ensure the airline remains in the country, among other national priorities. The deal represents a triumph of sorts for Gordhan, who has argued for the revival of SAA with the help of private investors while others were calling for it to be liquidated. While SAA is now “solvent and liquid,” business-rescue practitioners said when handing over the aircraft, subsidiaries including low cost arm Mango and maintenance firm SAA Technical remain under financial strain and are in the process of being recapitalized. The Department of Public Enterprises and the new consortium will together assess the future of the divisions as part of the due diliegence process, Gordhan said.
Source: Bloomberg

Emirates hiring across EX-YU

NEWS FLASH

Emirates will be hiring new cabin crew members from Slovenia, Serbia, Bosnia and Herzegovina and Macedonia.

The Dubai-based airline will host two open days in Slovenia, on February 25 in Ljubljana and February 27 in Maribor starting at 09.00 local time. The first will be held at Radisson Blu Plaza Hotel (Bratislavska cesta 8), while the other will be based at the City Maribor Hotel (Kneza Koclja 22). In Serbia, the Middle East's largest airline will host an open day on March 7 at the Crowne Plaza Hotel (Vladimira Popovića 10) starting at 09.00. Over in Bosnia and Herzegovina Emirates will be hiring crew at the Hotel Mostar (Kneza Domagoja) on March 9 at 09.00. Finally, the carrier will be hiring Macedonian cabin crew members in Skopje on March 9 at the Marriott Hotel (Macedonia Square 7), also at 09.00.

Crew requirements at Emirates include: at least 21 years of age at the time of joining, arm reach of 212 cm while standing on tiptoes, high school graduate, fluency in English (written and spoken), no visible tattoos while in Emirates uniform and the applicant must be physically fit to meet crew requirements. Those interested must bring with them their CV and one photo. If all requirements are met, final interviews will be scheduled over the course of the same week. Further details, as well as the application form, can be found here.

Benefits of working as Emirates crew include an approximate average monthly pay of 2.115 euros, layover expenses, free accommodation in Dubai, staff travel benefits, one firm free annual leave ticket to the country of origin and thirty days of annual leave.

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