{"id":470874,"date":"2021-04-28T16:11:02","date_gmt":"2021-04-28T16:11:02","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=470874"},"modified":"2021-04-28T16:11:02","modified_gmt":"2021-04-28T16:11:02","slug":"south-africa-mango-airlines-forced-to-suspend-its-flights","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2021\/04\/28\/south-africa-mango-airlines-forced-to-suspend-its-flights\/","title":{"rendered":"South Africa: Mango Airlines forced to suspend its flights"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>Mango Airlines, a South African airline, has been forced by the airport management company (Airports Company of South Africa Limited (ACSA) to suspend its flights for non-payment. The South African Airways subsidiary tweeted Wednesday (April 28th) that its management is in &#8220;emergency talks&#8221; with the government to find a solution. The company owes an unspecified amount to ACSA, which owns and operates hubs including Johannesburg and Cape Town.<\/p>\n<p>Like other airlines around the world, Mango has been hit hard by the coronavirus health crisis. The company is on the brink and is just waiting for help from the authorities to deal with this delicate situation. According to sources familiar with the matter, Mango plans to cease operations as of May 1, pending government funding.<\/p>\n<p>As a reminder, the Johannesburg-based company was placed under a local form of bankruptcy protection in May of last year. The company subsequently began to resume flights with the support of lenders and investors.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Mango Airlines, a South African airline, has been forced by the airport management company (Airports Company of South Africa Limited (ACSA) to suspend its flights for non-payment. The South African Airways subsidiary tweeted Wednesday (April 28th) that its management is in &#8220;emergency talks&#8221; with the government to find a solution. The company owes an unspecified<\/p>\n","protected":false},"author":536116,"featured_media":470875,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12004,12006],"tags":[18019,18017,556,18020,18018],"class_list":{"0":"post-470874","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-airlines","8":"category-tourism","9":"tag-flights","10":"tag-mango","11":"tag-south-africa","12":"tag-south-african-airline","13":"tag-suspend","14":"post_format-post-format-aside","15":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>South Africa: Mango Airlines forced to suspend its flights - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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