JOHANNESBURG - Trade unions representing Mango Airlines' workers want clarity on the airline’s future after accusing the Public Enterprises Department of having no intention of keeping the cash-strapped carrier in the sky.Mango employees are angry that the airline was not included in the package to rescue SAA and unions have now filed for the airline to be taken into business rescue.
They filed an urgent application at the Johannesburg High Court, which would now be heard on Tuesday. Earlier, the company and Intellectual Property Commission rejected the airline's application for business rescue, citing that it had filed three months too late and didn't have a properly constituted board at the time.
Mango is bound by the company's acts and the Public Finance Management Act and there is a prescribed time limit to file for business rescue, following a board resolution to do so. However, unions are pushing for business rescue to take place anyway, saying that many employees haven't been paid for months, leaving them destitute.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MARK BARNES: Business must work with state to provide equal access to educationBusiness and government must set aside differences and craft a joint solution, writes Mark Barnes. The best choice I've made this year was investing in cryptocurrency and forex trading and earning from home. With the help of Brandonkaren11 I've been earning weekly I've never regretted this decision ,
Source: SundayTimesZA - 🏆 47. / 51 Read more »