The South African low-cost airline Mango Airlines is running out of money. The carrier should cease flight operations by May 1, 2021 at the latest. Talks are ongoing with the government in the background, which could result in state support. Mango should remain on the ground until the possible payout.
The company told CH-Aviation.com that state aid is not expected before June 2021. Now they are also examining whether to apply for bankruptcy protection and aim to leave the procedure again in July 2021 if necessary. The South African subsidiary's fleet currently consists of 14 Boeing 737s
“The lessors are giving Mango an ultimatum: If they do not receive their money by April 30, 2021, all aircraft must be grounded by then. The owner has informed us that Mango will not receive any money until June 2021. This means that Mango will no longer be able to operate from May 1, 2021, as there are no aircraft available for operation, ”the low-cost airline said in a statement.