Air Zim faces liquidation

Victoria
By Victoria January 23, 2012 11:45

Air Zim faces liquidation

Zimbabwe’s national airline has been put under judicial management ahead of its likely liquidation, according to local media reports.
The High Court in Harare has appointed an accounting firm to take charge of Air Zimbabwe. The move is not unsurprising considering that pilots and employees have not been paid for up to $35 million dating back to January 2009.

Victoria
By Victoria January 23, 2012 11:45
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