FIJI AIRWAYS SECURES GOVERNMENT SUPPORT NECESSARY FOR SURVIVAL

Fiji Airways, Fiji's national airline, has today announced that it has secured vital support from the Fijian Government, in the form of sovereign guarantees to support urgent financing actions required to tide the company through the COVID-19 crisis, and the expected slow ramp up of travel demand thereafter. The bulk of the airline's international services have been cancelled through to the end of June 2020, with further reductions expected in July and August. These cancellations, caused by the prolonged COVID-19 Pandemic, have caused revenue to dry up, whilst monthly fixed costs remain.