Cash-strapped Mango airlines to be grounded from 1 May
A leaked internal memo to staff by Mango's Acting Chief Executive Officer, William Ndlovu has raised eyebrows over the airline's financial crisis. The memo details that the financially-strapped airline has requested state funding and until it receives the bail-out, the state has requested the low-cost airline be placed into business rescue until July 2021. Despite the approval for the bail-out in October 2020, the funds which were supposed to have […]