Mango threatening unions for wanting to place troubled low-cost airline under business rescue

”Your clients are invited to withdraw their application, failing which an adverse costs order will be sought against your clients and your firm,” wrote Mango’s lawyers Werksmans Attorneys to the unions’ legal representatives Stein Scop Attorneys last Thursday.

Mango is also facing a liquidation application expected to be heard in the South Gauteng High Court, which has been filed by Irish company and one of its lessors Aergen Four Aircraft, which has agreed to postpone its liquidation hearing to later this month to allow Mango time to start the business rescue process.

Among the explanations for Mango’s decision to opt for business rescue, Ndlovu told the high court that before the Covid-19 pandemic the airline’s operating profit for 2019 was over R977.5 million.

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