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SACCA: DPE blackmailing us to withdraw our Mango business rescue bid
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Mango unions claim they are being blackmailed to drop business rescue application
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Mango staff - owed R157m in unpaid salaries - confident struggling airline could be profitable by 2023
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Unions respond to Mango Airlines entering business rescue
Numsaâs Phakamile Hlubi-Majola and Saccaâs Zazi Nsibanyoni-Mugambi outline the unionsâ demands for joint business-rescue practitioners. 22:18
FIFI PETERS: South African low-cost carrier Mango Airlines has become the latest airline to enter into business rescue, signalling the pressures that the Covid-19 lockdowns continue to have on the aviation sector. At the same time the airlineâs major union Numsa and the South African Cabin Crew Association plan to take the airline to court for not paying salaries, among other things.
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The funds gazetted for SAA subsidiaries totaling R2.7 billion is yet to be received by SAA to recapitalise the subsidiaries.
According to court documents filed by three unions at low-cost airline Mango, they grew tired of no outcome from promises made about business rescue.
The unions felt they had no other option left but to take matters into their own hands by filing for business rescue themselves.
They want to avoid Mango being liquidated in August.
Continued promises by its shareholder South African Airways (SAA), government and the board of Mango (which currently consists of only one director) that the low-cost airline would be placed in business rescue, led to three unions taking the matter into their own hands by filing an urgent application in the High Court in Johannesburg on Monday.