South African Airways subsidiary Mango Airlines will enter into a local form of bankruptcy protection known as business rescue, SAA's interim CEO Thomas Kgokolo told eNCA television on Monday.
“What we can say is that the board and shareholders have agreed that Mango will go into business rescue,” Kgokolo said in an interview with eNCA.
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Mango Airlines enters business rescue‘We are in consultation with our key stakeholders on how we can manage that particular process,’ Kgokolo says The biggest mistake was to appoint this junior accountant as an acting CEO of SAA. MYANC doesn’t take us seriously Another BEE Achievement
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: eNCA - 🏆 49. / 51 Read more »