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
JetBlue Lands in Honduras: Launches New Daily Flight Between New York and San Pedro Sula
Google Sues LATAM Airlines in U.S. Over YouTube Video Dispute
Silver Airways Suspends Operations
Miami International Airport Becomes First in the World with an App for Travelers with Low Vision
Plataforma Informativa de Aviación Comercial con 13 años de trayectoria.