Fiji Airways pays back loan borrowed in 2020

Local News, News, Today’s Main Story | Published: November 3, 2024 | Last Updated: November 3, 2024 | By Repeka Nasiko

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Fiji Airways has started paying back to FDB its loan borrowed in 2020. Picture: FIJI AIRWAYS

Four years after being granted a loan from the Fiji Development Bank, our national airline Fiji Airways has just started repaying the borrowed $75million.

The funds were part of a government guaranteed $445million loan to assist the airline in its operations during the COVID19 pandemic.

This was revealed at a Parliamentary Standing Committee meeting.

More on this story in tomorrow’s The Fiji Times.

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