After 18 months under administration, the loss-making airline has been cleared for takeoff
Mango’s spokesperson would not disclose the low-cost airline’s debt — which led to a brief suspension of flights — but described it as ‘huge’
The minister is also expected to announce talks with unions towards a new airline after the shut-down of the cash-strapped national carrier
As SAA subsidiaries declare hardship to staff, business-rescue practitioners urge them to sign agreements to save severance payouts
The struggling national carrier’s business rescue practitioners say the move to restructure the airline is a bid to return to profitability and to attract equity partners
Air Chefs, the catering arm of SAA, has launched a consultation process with unions that may lead to job losses
Numsa called the action “opportunistic”, as SAA is in the process of implementing its turnaround strategy which affects all companies in the group.