The original article can be read here.
Article Highlights:
– An application to have low-cost airline Mango placed in business rescue might be brought by three unions as early as July 20;
– Mango, which employs about 750 people, was not previously placed in business rescue – unlike its parent, state-owned South African Airways;
– The unions have decided to try to get Mango into business rescue before a liquidation application by a creditor of the airline – an aircraft lessor – is being heard in August;
– On average, Mango employees are owed about six months’ worth of salaries.
