South African Airways strike ends with pay deal

Bloomberg

A strike at South African Airways (SAA), which has dragged on for more than a week and grounded a number of flights, ended with workers having agreed “in principle” to a revised pay deal, a senior union official said.
The deal was expected to see workers get a 5.9% pay increase, with a further increment — details of which are still being worked out — paid at a later date, according to Christopher Shabangu, deputy president of the South African Cabin Crew Association.
“We have consulted with our members,” Shabangu said by phone from Johannesburg. “They seem to agree. We are still dealing with a few outstanding issues.”
SAA initially offered a 5.9% increase and announced plans to fire 944 workers, saying it needed to restructure to continue operating.