Mozambique’s Ministry of Finance has revealed that Aeroportos de Mozambique and the national airline LAM (Linhas Aéreas de Moçambique) together account for nearly $400 million in public debt, representing approximately half of the total liabilities held by Mozambique’s State Business Sector.
The Russian government is reportedly considering a transfer of GTLK (State Transport Leasing Company) to VEB.RF, the national development corporation. Currently, GTLK is jointly owned by the country’s Ministry of Transport and Ministry of Finance.
Thai Airways International has successfully completed the issuance of 5.1 billion additional common shares, a significant step in its business rehabilitation plan and capital restructuring efforts. This move aims to fortify the airline’s financial stability as it continues its recovery from financial challenges and positions itself for long-term sustainability.
