Air Zim seeks $4,5 million to rejoin IATA
The Parliamentary Portfolio Committee on Transport and Infrastructural Development is seeking Treasury cooperation concerning the release of $4.5 million to settle Air Zimbabwe’s debt to the International Air Transport Association (IATA).
Air Zimbabwe was suspended from IATA in 2012 for failing to make payments to the institution. Dexter Nduna who is the Transport portfolio chairperson said:
We are going to interrogate the Minister of Finance and Economic Development (Ignatius Chombo) during a Parliamentary stakeholders meeting to be held before November 15 to find out if Treasury has released the $4.5 million it allocated in the 2017 national budget to Air Zimbabwe to settle its debt to IATA. By not paying IATA, we are making sure our economy has stunted growth because there is no one using Air Zimbabwe or the airline cannot book its passengers on other airlines servicing the routes that it does not service.