Cape Town – The Air Services Licensing Council has reportedly suspended low-cost carrier Mango’s licences.
The airline was placed under business rescue in July last year.
According to TimesLIVE, the council suspended Mango’s licences “for a period of two years, effective immediately as Mango has not operated the licensed air services for an uninterrupted period exceeding 12 months”.
This came after the airline’s administrator, Sipho Sono said that an unnamed consortium bidding to rescue the airline had presented “adequate and satisfactory proof of funding”, the report said.
CH Aviation reported that the consortium had been “given until August 10, 2022, to provide a bank guarantee in favour of Mango for the full purchase offer”.
If this condition is met, a detailed proposal would be presented to Mango’s parent company, SA Airways, and the government to consider the offer per the adopted business rescue plan, the report said.
Picture: Facebook\ Mango Airlines
Compiled by Olwethu Mpeshe