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Why Mango flopping is in SAA's best interest
An association representing pilots of low-cost airline Mango believes its sole shareholder, the South African Airways (SAA) Group, wants its business rescue to fail so that the national carrier's private deal with Lift's owner can go through.
Mango's business rescue practitioner (BRP), Sipho Sono, published his now-defunct plan to save Mango in early November 2021.
Under this plan, Mango would resume a limited number of flights in December to make it more attractive to a potential private buyer.
An association representing pilots of low-cost airline Mango believes its sole shareholder, the South African Airways (SAA) Group, wants its business rescue to fail so that the national carrier's private deal with Lift's owner can go through.
Mango's business rescue practitioner (BRP), Sipho Sono, published his now-defunct plan to save Mango in early November 2021.
Under this plan, Mango would resume a limited number of flights in December to make it more attractive to a potential private buyer.