Mango Airlines temporarily suspends flights due to outstanding payment.
South African Airways (SAA) subsidiary Mango Airlines temporarily suspended all flights and services on Tuesday until further notice due to outstanding payments to Air Traffic Navigation Services, Mango acting CEO William Ndlovu said.
“Senior management and our shareholder are locked-in in emergency discussions to find an amicable solution to this impasse,” Ndlovu said in a statement, Reuters reported.
See also: The world’s best airlines for 2021, according AirlineRatings.
The budget carrier is in a dire financial position despite the South African parliament having approved a special allocation of 2.7 billion rand ($182.3 million) for SAA subsidiaries.
On Monday SAA’s interim chief executive Thomas Kgokolo said Mango will enter a local form of bankruptcy protection known as business rescue.
Related Topics
Qantas Confirms Nonstop Sydney–New York Flights to Launch in 2028
Breeze Airways Retires Its Final Embraer 190, Consolidates an All-Airbus A220 Fleet
US to Seek Additional $30 Billion to Modernize Air Traffic Control System and Airports
Telecoms Outage Paralyzes Thousands of US Flights
Plataforma Informativa de Aviación Comercial con 13 años de trayectoria.