Vialengai
20th Jul 2010, 20:19
Saw a snippet today on Aviator News
Tanzania to set up new airline replacing Air Tanzania, after investor Sonangol International (China) refused to take over estimated US$20 million debt of carrier. Sonangol hopes to implement US$507.7 million strategic plan after investing US$21.27 million and agreeing to take 49 percent of government’s stake in airline.
Anyone know anymore?....406 Pilot...maybe?
Tanzania to set up new airline replacing Air Tanzania, after investor Sonangol International (China) refused to take over estimated US$20 million debt of carrier. Sonangol hopes to implement US$507.7 million strategic plan after investing US$21.27 million and agreeing to take 49 percent of government’s stake in airline.
Anyone know anymore?....406 Pilot...maybe?