{"id":14377,"date":"2011-12-15T15:02:18","date_gmt":"2011-12-15T15:02:18","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/12\/zimbabwe-govt-raises-u-s-1-5-million-to-release-impounded-airplane\/"},"modified":"2011-12-15T15:02:18","modified_gmt":"2011-12-15T15:02:18","slug":"zimbabwe-govt-raises-u-s-1-5-million-to-release-impounded-airplane","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/12\/15\/zimbabwe-govt-raises-u-s-1-5-million-to-release-impounded-airplane\/","title":{"rendered":"Zimbabwe: Govt Raises U.S.$1.5 Million to Release Impounded Airplane"},"content":{"rendered":"<hr class=\"thin clear\" \/>\n<hr class=\"thin clear\" \/>\n<p><a href=\"http:\/\/www.rnw.nl\/africa\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" src=\"http:\/\/allafrica.com\/img\/static\/publishers\/minibanners\/rnw180.png\" alt=\"Radio Netherlands Worldwide (Hilversum)\" title=\"Visit Radio Netherlands Worldwide (Hilversum)\" \/><\/a><\/p>\n<p>15 December 2011<\/p>\n<hr class=\"thin clear\" \/>\n<p>Zimbabwe&#8217;s government has raised $1.5 million (1.2 million euros) to pay off the national airline&#8217;s debt and have an impounded airplane released in London, the company chairman said on Thursday.<\/p>\n<p>&#8220;The actual figure is $1.5 million and it was raised and transferred and that jet will be released in the next 48 hours,&#8221; Air Zimbabwe chairman Jonathan Kadzura told AFP.<\/p>\n<p>Spare supply company American General Supplies seized ZimAir&#8217;s Boeing 767-200 at London&#8217;s Gatwick airport on Monday over unpaid fees. AirZim had to reroute and reimburse stranded passengers.<\/p>\n<p>Financial problems beleaguering the airline were the result of unfair international sanctions against Zimbabwe, Kadzura said.<\/p>\n<p>&#8220;This is a nation under unlawful sanctions and it&#8217;s difficult for government to support its parastatals, so it&#8217;s not failure on our part, but punishment through these illegal sanctions which have affected our cashflows.&#8221;<\/p>\n<p>The United States government imposed sanctions on Zimbabwean President Robert Mugabe and senior members of his party following presidential elections judged flawed by western observers.<\/p>\n<p>The airline, already struggling to pay its workforce and facing mounting fuel shortages, needs about $40 million to clear some of its debts, acting chief executive Innocent Mavhunga told state newspaper The Herald this week.<\/p>\n<p>In June this year, the airline cancelled flights to London and South Africa after gas companies stopped supplies for non-payment. This month a South African firm that offers ground handling services seized one of AirZim&#8217;s planes over unpaid money. &#8211; <em>ANP\/AFP<\/em><\/p>\n<p>AllAfrica &#8211; All the Time<\/p>\n<p><\/p>\n<fieldset>\n<legend align=\"center\"><strong>More News on allAfrica.com<\/strong><\/legend>\n<\/fieldset>\n<p><\/p>\n<hr \/>\n<p>Read the original:<br \/>\n<a target=\"_blank\" href=\"http:\/\/allafrica.com\/stories\/201112151117.html\" title=\"Zimbabwe: Govt Raises U.S.$1.5 Million to Release Impounded Airplane\" rel=\"noopener noreferrer\">Zimbabwe: Govt Raises U.S.$1.5 Million to Release Impounded Airplane<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> 15 December 2011 Zimbabwe&#8217;s government has raised $1.5 million (1.2 million euros) to pay off the national airline&#8217;s debt and have an impounded airplane released in London, the company chairman said on Thursday. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-14377","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - 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