The last potential investor has pulled away from the carrier. A number of low-cost airlines have either teetered on the verge of or dove fully into bankruptcy proceedings in the first half of 2025.
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SAA distances itself from Mango rescue process
South African Airways (SAA) says it has no involvement in the business rescue of its subsidiary, Mango Airlines, as the low-cost carrier moves closer to finalising a sale to a new investor. The ...
South African Airways has launched an internal investigation into the carrier's relationship with its subsidiary, Mango Airlines. Mango’s CEO Nico Bezuidenhout is due to leave for rival Fastjet, and ...
Efforts to re-launch failed South Africa’s Mango Airways are now awaiting the airline’s former parent, South African Airways (SAA), to transfer its shareholding, according to the executive charged ...
In an editorial comment about a possible deal to purchase FlySafair, The Citizen said Lebashe Investment Group was part-owned by the Public Investment Corporation (PIC) and had encountered “headwinds” ...
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