Fiji Airways secures USD203m sovereign guarantee from Govt

26 May, 2020

Fiji Airways secured (26-May-2020) FJD450 million (USD202.9 million), in the form of sovereign guarantees, from Fiji's Government to bolster the airlines cash reserves, including payment deferrals and new long term debt financing. Fiji Airways MD and CEO Andre Viljoen stated: "Without which these financing initiatives would not be possible, and Fiji Airways would not survive". [more - original PR]