South African Airways group CEO Vuyani Jarana will resign as
of Aug. 31. The carrier's board will search for a replacement, SAA board chair
JB Magwaza said. Jarana joined SAA in November 2017 and had been working to
reduce costs at the financially struggling airline. In his resignation letter
to the board, according to Reuters, he said the state was not providing
sufficient funding for the turnaround strategy.
Jarana's resignation is one of several chief executive
departures announced in recent days. Kenya Airways CEO Sebastian Mikosz, who
joined the carrier in June 2017 from LOT Polish Airlines, will leave at the end
of this year, and Flybe CEO Christine Ourmieres-Widener will leave her role July
15, in advance of the carrier being sold to a consortium that includes Virgin
Atlantic.