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Air Seychelles halts Etihad payments, to be 100% Seychellois

Following a visit to the UAE by Seychelles President Wavel Ramkalawan, Air Seychelles will not have to make any payments to Etihad Airways during 2021 while debt negotiations continue between the two sides, the president’s official State House website revealed on February 22. Ramkalawan made the official visit over the weekend accompanied by Sylvestre Radegonde, Seychelles’ minister of foreign affairs and tourism. “In relation to the Air Seychelles and Etihad partnership agreement, no payment will be effected this year, and further negotiations are ongoing in regards to the mode of payment for the debt accumulated and for the return of the Etihad shares in order to reinstate the country’s national carrier as a fully Seychellois-owned entity,” the statement said without adding further details.<br/>