Mango Airlines to go under business rescue

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.

READ: Mango to receive R819m bailout

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


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