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Friday 15 November 2024

Seychelles

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Air Seychelles is doing better
The company Air Seychelles has no longer been under judicial administration since mid-November. She was placed under this status in October 2021, failure to repay the investors who believed in it when it was managed by Etihad Airways, at the time of its 40% shareholder. An agreement was reached with the creditors : Air Seychelles will only reimburse 28 of the $76 million claimed from it. The government intervened as part of a rescue plan, by lending $13 million to the company.

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