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Fiji Airways signs US$65 million Liquidity Support Loan Facility with ADB

Fiji Airways signs US$65 million Liquidity Support Loan Facility with ADB
Fiji Airways signs US$65 million Liquidity Support Loan Facility with ADB
[Image: Supplied]
Fiji Airways today signed a US$65 million Liquidity Support Loan Facility with the Asian Development Bank.
The Support Facility is to help the airline cover operating costs and meet financial obligations while the travel demand remains non-existent due to the pandemic-induced border closures.
The financing comprises a $40 million loan from ADB and a further $25 million loan from the Leading Asia’s Private Infrastructure Fund, which will be administered by ADB.
Fiji Airways Managing Director and Chief Executive Officer Andre Viljoen says they are delighted to receive ADB’s financial support at this critical time. ....

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Asian Development , Fiji Airways , Liquidity Support Loan Facility , ஆசிய வளர்ச்சி , ஃபிஜி வானெறிக்குழுப்பெயர் , நீர்மை நிறை ஆதரவு கடன் வசதி ,