Ramaphosa must intervene in SA's airline crisis: OUTA
The Organisation Undoing Tax Abuse (OUTA) is asking President Cyril Ramaphosa to intervene and take charge of what it's calling South Africa's airline crisis.
As it stands, the South African Airways (SAA), Mango Airlines and South African Express have an outstanding debt of over R850 million that's owed to government entities.
Mango announced this week that it would be entering business rescue.
The SAA subsidiary's been struggling to pay close to 740 workers and creditors for months.
OUTA's Wayne Duvenage says President Cyril Ramaphosa needs to step in.
"Should have gone into business rescue over a year ago in April when the executive management at Mango raised the concern around the financial distress of the airline.
READ: Numsa: Mango has no intention to go into business rescue
"So to sit here now after staff have lost so much money and creditors have also lost is quite a shocking situation to find ourselves in with another state-owned airline.
"So all in all we have an airline industry and an aviation industry in this country that is suffering as a result of the poor mismanagement by the state on a number of fronts."
