South African low-cost airline Mango, a subsidiary of South Africa's state-owned flag carrier South African Airways (SAA), has confirmed that it will be placed into business rescue. The decision was taken by the airline's board and the Government of South Africa, while consultation with labour groups is currently underway. However, according to the Mango's acting CEO, Mr William Ndlovu, as of now operations will continue according to the airline's operating schedule. The details of the decision to place Mango into business rescue are still being finalised by all stakeholders. We'll keep you posted!
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