Santaco's Mango acquisition fails

  • 📰 eNCA
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Taxi body Santaco fails to make the shortlist in a bid to acquire Mango Airlines.

JOHANNESBURG - The South African National Taxi Council has failed in its bid to acquire Mango airlines.

According to the carrier's business rescue practitioner, Santaco wasn't even shortlisted as a bidder.Bidders will ultimately acquire the entire share capital of Mango and any liability claims against the airline.It owes nearly R3-billion to creditors.However, the low-cost carrier Santaco Express never took to the skies.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Was never gonna happen under this administration.

Good. These ones were gonna overtake other airplanes on the yellow lane

The South African National Taxi Council was one of the bidders keen to give low-lost airline Mango its wings back. However, the taxi industry's representative body was not in luck as it didn't make it to the shortlist. Imagine SANTACO running an airline, laba sebangama Pilots. 🇿🇦

No go for Santaco and Mango

Couple of months ago I came across a recommendation about Arnoldnike93 wealth how he helped investors to earn lots of money with their investments. and I decided to give a trial with the little I have. Now my little has turned into something great which was not my expectation

Santaco's Mango spoils in the fridge

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in BUSİNESS

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.

Sona 2022: Business to assist NPA; Kenya helps Ramaphosa on metal theftSona 2022: Business to assist NPA; Kenya helps Ramaphosa on metal theft - Opposition parties say the need for private-sector involvement in state affairs is proof of a ‘failing dummy cabinet’ I have benefited from at least R40k a week with williamchurch09 through his recommended platform with my small investment. Don't spend all your money without investing. williamchurch09 is a life saver, join me and win also in with good hands Task Teams, Advisory Councils, Envoys means all the Ministers & Deputy Ministers are just deployed proxies to the PresidencyZA
Source: mailandguardian - 🏆 2. / 92 Read more »