Mango’s more than 700 employees are anxiously waiting to see whether creditors will  tomorrow pass the low-cost carrier’s business rescue plan — which aims to get it back in the sky by December — or whether it will be amended with its business rescue practitioners having to go back to the drawing board.

Mango Pilots Association chair Jordan Butler said if the plan is amended at Monday’s creditors meeting, as suggested by Mango shareholder SAA in correspondence with business rescue practitioner Sipho Sono, it could mean Mango will be “mothballed” and its 708 employees retrenched...

BL Premium

This article is reserved for our subscribers.

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.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now