Clear Air Zimbabwe debt: US$13m required for airline to come out of suspension
Parliament has urged Treasury to clear Air Zimbabwe’s debt to IATA. Parliamentary Portfolio Committee on Transport and Infrastructural Development chairperson Christopher Chitindi said this while presenting a report in Parliament Tuesday. “The restricting of Air Zimbabwe, along the lines of privatisation needs to be expedited. Meanwhile, Treasury support is sought with regards to the IATA clearing house and the association’s operational safety audit which both require about US$13m,” he said. As a result of the IATA debt, the carrier has since been suspended from the world aviation body. “Without the engagement and repayment of IATA fees, Air Zimbabwe remains technically insolvent,” Chitindi said. <br/>
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Clear Air Zimbabwe debt: US$13m required for airline to come out of suspension
Parliament has urged Treasury to clear Air Zimbabwe’s debt to IATA. Parliamentary Portfolio Committee on Transport and Infrastructural Development chairperson Christopher Chitindi said this while presenting a report in Parliament Tuesday. “The restricting of Air Zimbabwe, along the lines of privatisation needs to be expedited. Meanwhile, Treasury support is sought with regards to the IATA clearing house and the association’s operational safety audit which both require about US$13m,” he said. As a result of the IATA debt, the carrier has since been suspended from the world aviation body. “Without the engagement and repayment of IATA fees, Air Zimbabwe remains technically insolvent,” Chitindi said. <br/>
