AirZim bids to find its range… as it re-emerges from long hiatus

EMBATTLED flag carrier, Air Zimbabwe (AirZim), says it has successfully negotiated a debt settlement agreement with local and foreign creditors. The airline is saddled with $349 million and US$31,5 million in local and external debts respectively. This led to its placement under reconstruction, with Grant Thornton being appointed administrator in October 2018 to protect it…

Subscribe to read full article. Subscribe today

Related posts

Global glut suffocates growers of green gold

MMCZ bullish on US$3,5 billion sales 

Mutapa bets on gold to repay US$1,9 billion

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More