Mango Airline’s New Business Rescue Plan Approved

Johannesburg, December 02, 2021 – South African Airways (SAA) confirms the amended business rescue plan of Mango Airlines (JE) was tabled for voting at a meeting of creditors.

The BR plan was approved for implementation which also paves the way for Mango to find an equity partner. According to the BR practitioners the process to secure a successful bidder, inclusive of concluding the relevant acquisition agreements, is anticipated to be completed by the end of March 2022.