Myeni's removal comes in the wake of mounting pressure from lenders of the national carrier, with claims that she has been at the centre of instability.
City Press understands that Myeni will be replaced by Johannes Bhekumuzi Magwaza. He will be deputised by Nolitha Fakude.
It's understood that others who could join the board include Geoff Rothschild, Ahmed Bassa, Tinyiko Mhlari and Martin Kingston.
Those who will be retained are believed to be Swazi Tshabalala, Peter Tshisevhe, Thandeka Mgoduso, Pieter Maluleka and Akhter Moosa.
It's hoped that the new additions who come from business and finance sectors would be enough to appease investors and stabilise the embattled airline.
It's expected that an official announcement would be made by Finance Minister Malusi Gigaba early on Thursday morning.
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