Answer to Question #155432 in Economics for Karabo Chesane

Question

Elaborate on five current issues that have had an impact on the operations of Mango airlines

Answer 1

1. The hard, nationwide lockdown worsened problems for operators like Mango airlines, which ended up defaulting on its payments to creditors.
2. Mango has appealed to passengers who booked flights with the low-cost carrier not to be discouraged by its financial problems while it makes contingency plans.
3. The airline has now moved to lease aircraft in order to continue ferrying passengers.
4. Mango’s woes come as the aviation sector tries to claw its way out of massive financial losses due to the COVID-19 induced lockdown.
5. Mango’s Benediction Zubane said that they had made a plan for passengers with existing bookings.