Mango Airlines announced on June 4 that it could restart operations as it is in the final stages of concluding a transaction with the selected investor.
Last year, Travel News confirmed that the investor was Ubuntu Air Services, a partnership between South African tour operator, AfricaStay, a specialist in Indian Ocean holidays, and DG Capital.
The airline is in the process of confirming unflown tickets and vouchers that were purchased but not used after the suspension of operations in 2021.
If the transaction with the investor is successful, those with unflown tickets will receive a voucher equal to the value of the unused ticket, which will be usable when Mango resumes flights.
If the transaction is unsuccessful tickets will be treated as a creditor claim in business rescue, and passengers will receive a dividend payout that will cover a portion of the total ticket/voucher value.
To verify unflown tickets, passengers must submit the information on the Mango verification portal, which is open until September 1. Submissions received after the deadline will not be accepted.
