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Tag: Mango

How much Mango owes to whom

Excluding taxes and salaries, an astonishing 52% is owed to SOEs and organs of state. The business rescue plan for Mango Airlines accepted by 84% of creditors on Thursday makes for fascinating...

SAA board signs Mango’s death sentence – 709 jobs likely lost

In leaked correspondence it appears SAA and the Department of Public Enterprises have no plans of allowing Mango back in the sky. Frail budget airline Mango will not resume operations in December...

South Africa mulls merger of three state-owned airlines

South Africa’s government is considering merging its three state-owned airlines into one entity, and offering a 25 percent stake of the holding company to a private equity partner, a cabinet minister...

Mango to end Cape Town-PE route

Low-cost airline Mango has announced that it will be ending its route between Cape Town and Port Elizabeth. This is due to aircraft being redeployed to higher-volume routes, according to the airline. ...

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Two SAB plants get R5.8 billion upgrades

The R5.8 billion investment commitment made by South African Breweries (SAB) has been utilised to increase capacity at two of its plants. The company said...

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