Santaco's Mango acquisition fails

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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.

 

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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

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Santaco's Mango spoils in the fridge

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