Preparations for the launch of the new South African Airways are underway. Take-off was aiming for July or August this year. The embattled national airline has been depending on government bailouts while being unprofitable for almost a decade. Courtesy #DStv403
JOHANNESBURG - SAA CEO, Thomas Kgokolo has confirmed that Mango Airlines will be placed under business rescue.
This comes after growing financial difficulties at the carrier.
As a result, employees did not receive their June salaries.
Kgokolo says it is consulting with key stakeholders on how to manage the process.
Watch the video above for more details