Mango says it could return to profitability by 2024 if placed in business rescue

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Mango says it could return to profitability by 2024 if placed in business rescue 🔒

SAA low-cost subsidiary Mango Airlines will be placed in business rescue, says SAA interim CEO Thomas Kgokolo.

Kgokolo said on Monday the decision was taken by the airline’s board and the government, and consultations with unions on the matter are ongoing...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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