Fiji Airways reduces debt

Dino D'Amore
By Dino D'Amore May 7, 2014 12:17

Fiji Airways reduces debt

FIJI Airways has reduced its Fiji National Provident Fund loan amount from $181.2m to $121.2 and has also made early repayments to the financial institution. Fiji Airways’ ability to raise money from European banks for the acquisition of three Airbus A330 aircraft has resulted in the airline choosing not to draw down $35.5million left over from the original loan with FNPF.

Dino D'Amore
By Dino D'Amore May 7, 2014 12:17
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