South Africa transfers Mango US $ 57 million

South Africa transfers Mango US $ 57 million

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The South African government is briefly attacking the South African subsidiary Mango with around 57 million US dollars. The background is that the low-cost airline also has outstanding debts at various airports.

The funds are earmarked for the settlement of debts that one has at Lessoren and Airports. In the past week, some airports stopped handling Mango machines due to unpaid bills. This led to a partial grounding of the fleet, even though a short-term solution could be found with the owners of the machines.

The now approved "emergency aid" is intended as a kind of "fire brigade action" to save Mango from collapse. The state aid only covers the most essential expenses in order to be able to keep the lowcoster in the air. In June 2021, a much larger financial injection from the government can be expected.

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