Mango chairman leaves to head up Fastjet in London
The departure of long-serving Mango chairman Rashid Wally may be followed by other senior staff, but the airline said on Monday operations continued as normal. Wally will take up the chairmanship of African airline Fastjet in London on Saturday. A person familiar with the situation said the departure of other senior and highly skilled managers was expected. Business Day understands the airline has posted a financial loss for the 2016-17 financial year. The company has seen a spate of resignations from Friday and continuing on Monday, including the heads of revenue management, information technology, business analysis and its head of safety. Mango's chief financial officer has also resigned. Mango board member Lillian Barnard has also opted to depart. On Friday, Barnard said she had agreed with Wally to time their departure with the financial year-end, and the only reason was a desire to pursue other business interests.