Mango Airlines To Be Sold to Private Investor, Public Enterprises Minister Pravin Gordhan Disputes

Mango Airlines To Be Sold to Private Investor, Public Enterprises Minister Pravin Gordhan Disputes

  • Mango Airlines is out of business rescue, which it has been in since July 2021, and is cleared to be sold
  • The business rescuer revealed that the airline already has a private buyer who is waiting to make the sale for the embattled airline
  • The Public Enterprises Minister, Pravin Gordhan, has demanded more information from the investor about how the business will be run

Tebogo Mokwena, Briefly News's current affairs journalist, offered coverage of current affairs relating to the economy, finance, banks, and state-owned enterprises during his seven years at Daily Sun and Vutivi Business News

Mango Airlines is expected to make a return in months to come, and SA is happy
South Africans celebrated the possible return of Mango Airlines. Images: Darren Stewart/Gallo Images via Getty Images and Deagreez
Source: Getty Images

The embattled airline, Mango, is cleared to be sold after being in business rescue for almost three years. However, Public Enterprises Minister Pravin Gordhan is disputing the sale.

Mango Airlines to be sold

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According to eNCA, Mango might take to the skies in the coming months. Gordhan wanted the investor to supply him with the business plan. Business rescuer Sipho Sno, charged with rescuing Mango Airlines, said that Mango's sale would pit it as competition for South African Airways. Gordhan is said not to have made a timely application to appeal the sale, and it will proceed.

South Africans welcome the news

Netizens on Facebook celebrated the news and prayed for it to return sooner with competitive prices three years after being placed under business rescue.

Norma Karsten said:

"I hope they come with competitive prices."

Billy Raps joked:

"I wish they offer a Cape Verde direct line!"

Inolofatsengn B Sebesho wrote:

"Please come back. FlySafair was starting to take chances."

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Khaya Van Der Vellem remrked:

"It's high time. They must come back. FlySafair is killing us.2

SisOmdala Rankapole added:

"WE need this one back. Maybe the taxi drivers from the other airlines will start driving better."

South African Airway relaunched; SA has questions

In a similar article, Briefly News reported that South African Airways was recently relaunched, but South Africans had more questions than celebratory remarks.

SAA's relaunch happened in October, and it announced its direct flight from Johannesburg and Cape Town to Sao Paolo, Brazil.

Netizens wanted to know how much the government coughed out for the relaunch, and many were unhappy that there was no transparency.

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Source: Briefly News

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