Johnathan Paoli
THE Department of Public Enterprises (DPE) has applied for leave to appeal a ruling ordering its Minister Pravin Gordhan to provide a firm answer to the sale of low-cost airline – Mango – to a private buyer.
In a statement on Monday, the department said that the intention of this application was to ensure that all aspects of Mango’s business rescue process are transparent, legally sound and in the best interest of the South African public.
“This is not a stalling tactic or an attempt to undermine the need to bring finality to Mango’s business rescue process,” the department said.
The state-owned low-cost airline is a wholly owned subsidiary of South African Airways and has been in business-rescue since July 2021.
Early last month, the North Gauteng High Court ordered that the Public Enterprises Minister must decide whether Mango could be sold to an undisclosed bidder within 30
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