After months of uncertainty, Air Fiji Limited is being closed down permanently as the owners, the Tuvalu Government is unable to raise some $10 million to revive the airline company.
Speaking to Fijivillage news this afternoon, Tuvalu Transport Minister Taukelina Finakaso, who is currently in the country, confirmed that the decision has been made and Air Fiji will now be shut down permanently.
Finakasos said they hope to be able to pay off all the debts, including the commercial banks and the Fiji Development Bank through the sale of all assets.
The domestic regional airline closed down in April this year and all its aircrafts are being sold off after Bill of Sale holders FDB called for tenders from interested buyers last week.
Air Fiji is also reported to owe the National Bank of Tuvalu $700,000, Fiji Islands Revenue and Customs Authority $679,000, the Fiji National Provident Fund $350,000 and R. Patel Lawyers $65,000.
Meanwhile, Finakaso said they are yet to decide on how to pay off the 170 former Air Fiji staff their outstanding wages and salaries as the workers were not paid when the company shut down in April.
The Ministry of Health has today said that they have observed a decline in the number of antibiotic-resistant organisms or superbugs being isolated at...
14 hours ago
Grace Road Company throughout Viti Levu has been found to be breaching the Employment Relations Act 2007 and the Health and Safety at Work Act 1996 ...
10 hours ago
The University of the South Pacific (USP) has achieved global recognition for its excellence in Tourism and Hospitality Education, earning the No. 1 ...
12 hours ago
Great news for the people of Fiji and the greater South Pacific Region as the regions largest and highest rated super-specialty private hospital ...
12 hours ago
The Australian Government has tabled a bill in parliament that aims to ban social media for children under 16 and proposed fines of up to $73.3 ...
12 hours ago
6,659 drug cases were recorded by the Fiji Police Force over the last five years, with last year seeing the highest with 1,615 cases.
Acting ...
13 hours ago
Fiji Medical Association President, Doctor Alipate Vakamocea will appear on fijivillage Straight Talk with Vijay Narayan
The show will focus on ...
8 days ago
Adult Teen Challenge Fiji Executive Director, Hemraj Mangal and Director, Matai Akauola appear on fijivillage Straight Talk With Vijay Narayan
The ...
8 days ago
National sporting federations who are part of Fiji Association of Sport and National Olympic Committee or FASANOC, are still calling for answers and ...
15 days ago