Mango, the low-cost, state-owned airline currently in business rescue, has suffered another setback in its return to operations.
This is due to the Gauteng High Court in Johannesburg ruling that the proposed business rescue plan cannot be implemented.
The ruling came after the Aviation Co-ordination Services (ACS) brought Mango and its business rescue practitioner, Sipho Sono, to court over the viability of the rescue plan.
ACS is one of Mango’s creditors, owed over R23.3 million, and originally voted against Sono’s…
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