South Africa Appoints Jarana to Turn Around Unprofitable SAA

  • First permanent CEO at state-owned airline since November 2015
  • Jarana is currently head of Vodacom’s enterprise division

The logo of South African Airways sits on the tail fin of an Airbus Group NV A340-600 aircraft during a live weight saving demonstration at O.R. Tambo International airport in Johannesburg, South Africa, on Tuesday, Feb. 24, 2015. South African Airways is close to a 1.25 billion-rand ($107 million) savings target after renegotiating airline leases and supply contracts, canceling two long-haul destinations and reviewing the route of Washington D.C. flights.

Photographer: Waldo Swiegers/Bloomberg
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South Africa’s National Treasury confirmed the appointment of Vodacom Group Ltd. executive Vuyani Jarana as the first permanent chief executive officer of the state-owned carrier since November 2015.

Jarana will take the helm at South African Airways when Vodacom releases him of his duties, the Treasury said in an emailed statement on Thursday.