What is Mango airline's future ? 2021/22

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Re: What is Mango airline's future ? 2021/22

Unread post by snoopy » Fri Apr 30, 2021 6:58 pm

I see they have restored the link from Mango Airlines SOC Ltd's website flymango,com to point to the "travel package" domain flymangotravel.com and not yougo.com as it was till recently. Fascinating..not :twisted:

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Re: What is Mango airline's future ? 2021/22

Unread post by GLF4 » Fri Apr 30, 2021 7:08 pm

The public should not fly on Mango out of principle. I'll be voting with my feet thank you and support a private company in this clearly skewed playing field.
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Re: What is Mango airline's future ? 2021/22

Unread post by Caravan Driver » Fri Apr 30, 2021 9:18 pm

GLF4 wrote:
Fri Apr 30, 2021 7:08 pm
The public should not fly on Mango out of principle. I'll be voting with my feet thank you and support a private company in this clearly skewed playing field.
I hope some legal action will be forthcoming from Comair, Safair or Airlink or all three together against Mango receiving a bailout. It is just not competitive.
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Re: What is Mango airline's future ? 2021/22

Unread post by HJK 414 » Sat May 01, 2021 10:57 am

Burner wrote:
Fri Apr 30, 2021 4:39 pm
Possible positive knock on for Mango, with SAA exiting Business Rescue?

https://citizen.co.za/business/business ... xit-today/
Mango can be saved as SAA business rescue practitioner to file for exit today
Sources inside SAA and Mango say plans are afoot to prevent Mango from taking off on its final flight today.
It is creative - to say the least ...... =D>

They have now - hastily - taken the BRP status off SAA - and by doing so - the "Board" and "Management" of SAA can now decide (it is - overnight - a going concern again ....albeit inactive for the moment ..... #-o ) ...to apply funds to their subsidiary - Mango. Thereby assuring the creditors (read lessors) and to keep their aircraft from being grounded.

That takes care of that mess for the next few months - yet the question remains - where do you find the resource to keep flying (at a loss).
It is an outright scandal that Mango is being allowed to fly as a loss making entity - funded by the taxpayer - whilst competing with private owned airlines .......

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Re: What is Mango airline's future ? 2021/22

Unread post by Jfairwell » Sat May 01, 2021 12:37 pm

I am sure the affected parties, creditors and employees are paying close attention.

In terms of section 45 of Companies Act the SAA board will have to notify unions representing at least 10% of the employees before providing financial assistance. The board’s solvency and liquidity tests before and after such financial assistance will also be a treat to read under current trading conditions or absence thereof.

The SAA board needs to tread very carefully here because section 45 renders them personally liable for losses suffered as a result of their dereliction.

Edward Nathan Sonnenbergs will have another busy weekend scheming.
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Re: What is Mango airline's future ? 2021/22

Unread post by CLFO » Sat May 01, 2021 12:51 pm

Evil Never Sleeps
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Re: What is Mango airline's future ? 2021/22

Unread post by grjplanes » Tue May 04, 2021 5:42 pm

At the moment flights only open for bookings until Saturday (8 May).

All flights currently have a "9" added before the flight number...ie JE9817 instead of usual JE817
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Re: What is Mango airline's future ? 2021/22

Unread post by Planemad » Tue May 04, 2021 6:49 pm

Just heard on ENCA that they have been given R890 million.

Glad for the staff but ridiculous to say the least.

The whole BR process was a farce and someone needs to challenge it.

No financials for so long but you can have the money and we will give you more in due course.

Thank you very much.

We are in big trouble.

We cannot now blame the civil servants if they riot as the government has really messed up again.
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Re: What is Mango airline's future ? 2021/22

Unread post by GLF4 » Tue May 04, 2021 9:10 pm

Only thing that'll save us all is a tax revolt, but big companies need to back it which won't happen, so the looting will continue. The private airlines need to take this to court. The "business rescue" was a mockery of the process, how can SAA be declared solvent although first 5 years after BR is a loss in the billions?

Maybe I missed something.
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Re: What is Mango airline's future ? 2021/22

Unread post by Richard Smit » Tue May 04, 2021 9:38 pm

We need to seriously consider this tax revolt.

It has merit, and will be possible if we apply our minds.
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Re: What is Mango airline's future ? 2021/22

Unread post by HJK 414 » Wed May 05, 2021 9:08 am

Richard Smit wrote:
Tue May 04, 2021 9:38 pm
We need to seriously consider this tax revolt.

It has merit, and will be possible if we apply our minds.

Richard,

A tax revolt / as appealing as it sounds - is not achievable as you need a large amount of tax payers to stand firm.
That despite the taxation authorities throwing all kinds of "collection force" against the group.

You will find that there are then always people that simply fold - as they will not risk their assets / income / bank accounts or otherwise ....
You can't blame them for protecting their livelihood either - it is a hard game to play.
(Remember - those that pay tax often have something to loose - as opposed to those that do not pay tax ....)

I have been watching with concern over the last few years - and I think that the country has passed a point of no return - and that anyone that has the means to go - should go. There is very little perspective in SA for those that are of the "wrong origin" ......

Go live in another country for at least 183 days - (residency) and keep a small asset in SA if you wish - and use that as you please.....(to visit or vacation) but in my view the curtain has fallen .... no chance of a recovery by the powers that be - nor the ones standing in line to take over....... [-(
Instead for aggravating yourself further about the state of affairs in SA - get on with your life and put the energy into a positive outlook again

JK
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Re: What is Mango airline's future ? 2021/22

Unread post by p38 » Wed May 05, 2021 4:31 pm

I see Mango and SAA technical have just received a R2.7Billion bailout

https://www.news24.com/fin24/companies/ ... l-20210505
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Re: What is Mango airline's future ? 2021/22

Unread post by 738 » Thu May 06, 2021 6:10 am

Richard Smit wrote:
Tue May 04, 2021 9:38 pm
We need to seriously consider this tax revolt.

It has merit, and will be possible if we apply our minds.
We have all been considering it for many years....... it is great to see the SAA “drivers, pilots or aviators “ suddenly believe in what we knew all along. I guess now “we” all know how the SunAir, Flightstar and Onetime Pilots felt when the big one with the bottomless purse killed them.
Tax money is great until it is used against you.... and it happened to be terrible for some.
Anyway it is all history now, so no hard feelings.
Welcome onboard the tax revolt idea
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Re: What is Mango airline's future ? 2021/22

Unread post by Deanw » Thu May 06, 2021 11:16 am

Please stick to topic and not discuss tax revolts. Comments have been deleted.
How come every time my ship comes in I'm at the airport?

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Re: What is Mango airline's future ? 2021/22

Unread post by southside » Thu May 06, 2021 9:09 pm

I think it is easy to sit their and say that one is wrong for working for this company.

From the janitors to the pilots, everybody needs to buy bread and to sit there and make a comment like that is very unfair. These poor people just want a pay check. Don’t blame them because of the shortcomings of management (read government) that put them in this position. Are you going to offer them another job? What are they supposed to do?

It’s not like jobs are freely available.

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