Mango Airlines to enter business rescue

Mango Airlines to enter business rescue

Low-cost carrier Mango has confirmed that the airline will enter into business rescue. 

Mango
Twitter/FlyMangoSA

Mango Airlines is the low-cost arm of state-owned South African Airways (SAA).


The development was confirmed by the airlines’ spokesperson Benediction Zubane on Monday morning. 


READ: Mkhwebane applies for rescission of CR17 judgment

 

“I can confirm that the interim CEO (Thomas Kgokolo) did go onto television this morning and made a pronouncement that Mango will be put under business rescue. As soon as we have the official statement we will be releasing it to the media.”

 

In April, the low cost airline was grounded by the Airports Company South Africa (ACSA) after failing to pay landing and take-off fees.

 

Staff members are also still awaiting the payment of delayed salaries.

New Newswatch podcast banner yellow

Show's Stories