Mango Flights Temporarily Grounded From May 1 After ANC Government Delays Paying Out Bailout Funds!

Mango’s flights will no longer be in the air from 1st of May 2021. This comes after the flight operator waited for months for their share of the bailout money, which was granted by the government to SAA.

Embattled National Carrier gets R3.5bn lifeline from Development Bank

SA Airways (SAA) has secured R3.5bn in funding from the Development Bank of Southern Africa. “Discussions held with financial institutions have been fruitful,” joint SAA business rescue practitioners Les Matuson and Siviwe Dongwana said in a statement on Tuesday. The Read More …