BBCNEWS BBC News June 4, 2024 15:47:00
Privatise is restructure the old debts that are out there. in round numbers, we make $1 billion of revenue a year, we have $1 billion of debt, some of it local, some of it owed to creditors and we are paying 100 million on servicing it so if we can structure that debt, a large part of what we are paying in interest comes back and can be used to run the airline and it means an outside investor can come in and basically not pay for the sins of the past. i think the first lesson for me is dont ever...
Source: archive.org