Mango Airlines, the low-fare subsidiary of South African Airways, is also facing a cash crunch like its parent.
The government had approved a rescue package of parent SAA but the details of further payments to its subsidiaries has not yet been worked out. Payments are now being promised for June.
The lessors of its 14 Boeing 186-seat 737-800s are demanding immediate payment of overdue lease payments by the end of April or the fleet will be grounded on May 1, 2021.
Acting Chief Executive Officer (CEO) William Ndlovu sent this memo to employees:
“This means that Mango will not be able to operate from May 15, 2021, due to no aircraft being available for operations. It has been proposed that we must be put into business rescue (bankruptcy) until July 2021. Our flights will be grounded until such a time where we receive funding, or complete the business rescue process.”
Can Mango Airlines survive?
Mango flies between South Africa’s major airports and offers air services between the following cities:
- Johannesburg (OR Tambo International) and Cape Town
- Lanseria (Johannesburg) and Cape Town
- Johannesburg and Durban
- Lanseria (Johannesburg) and Durban
- Cape Town and Durban
- Bloemfontein and Cape Town
- Johannesburg and Port Elizabeth
- Johannesburg and George
For all those who love island living, Mango also operates flights between Johannesburg and Zanzibar.
Top Copyright Photo: Mango (South African Airways) Boeing 737-8BG WL ZS-SJL (msn 32356) JNB (Ton Jochems). Image: 953540.
Mango aircraft slide show: