SAA and unions the National Union of Metal Workers of South Africa and the South African Cabin Crew Association have reached an agreement, the Commission for Conciliation, Mediation and Arbitration announced on Friday.
Following an eight-day strike that cost the airline some R50m per day, resulted in cancelled flights and left employees fearing financial losses from a no-work no-pay policy, the CCMA announced that the wage dispute had been resolved.
"The CCMA is pleased to announce that the wage dispute between South African Airways (SAA) and the unions SACCA and NUMSA, has been resolved. The mediated process that was re-convened on Wednesday, 20 November 2019, resulted in an agreement being signed at midday today, 22 November 2019," it said.
The details of the wage deal were not announced, though Bloomberg earlier reported that according to SACCA, the deal would see workers getting a 5.9% increase, with a further increment to be paid at a later date. The additional amount was still being agreed upon, Bloomberg said.
The CCMA would continue to provide post-dispute support to the parties, it said, "in order assist them to work through some of the identified underlying issues and challenges. This is important for building workplace relations for labour peace".
The airline last week said it would have to do away with 944 jobs, which prompted Numsa and Sacca to embark on the strike. On Thursday, SAA confirmed there would be a delay in salary payouts for November.