The Fiji government will have to wait and see whether they get any returns on their investment in Air Fiji Limited which is being wound up by the major shareholders of the company.
Director Civil Aviation Akuila Waradi confirms that the government has 7 percent shares in Air Fiji Limited which is now has debts in excess of $10 million.
However, Waradi said they are mindful of the company's current financial status and will have to see whether the investments by the government can be recovered.
Waradi also revealed to Fijivillage that a number of other airline operators in the region have shown interest in providing domestic air services in Fiji.
Tuvalu Transport Minister Taukelina Finakaso confirmed to Fijivillage earlier that the final decision has been made that Air Fiji Limited will be shut down permanently as it will not be viable to try and revive operations. The Tuvalu Government and China National Aero-Technology Import and Export, who are the major shareholders in Air Fiji are now awaiting the sale of all of their assets and hope it will be sufficient to settle all their debts and to pay off the minor shareholders in the company.
Govt waits for investment returns
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