JOHANNESBURG - South African Airways said there were no reasonable prospects for Mango airlines to succeed and operate before obtaining an investor or equity partner.
In a statement released on Monday evening, the partly state-owned airline said it did believe Mango's current business rescue plan to resume operations in December was feasible. SAA said the current global aviation environment was volatile and there were variables, which could not be predicted with any level of certainty.
Mango airline was grounded due to financial challenges and is currently going through a business rescue process.
I kept believing in her, for a start i invested R3000 in few weeks i got a return of R13000 your honesty can't be compromised.. You can keep doubting while others are getting paid... Nichelle_1111
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: eNCA - 🏆 49. / 51 Read more »
WATCH: Market ReportBusiness Day TV talks to independent analyst Chris Gilmour and David Shapiro from Sasfin Securities
Source: BDliveSA - 🏆 12. / 63 Read more »