23-Feb-2021 4:26 PM
Air Seychelles to pause Etihad Airways payments amid ongoing debt negotiations
Seychelles' State House reported (22-Feb-2021) Air Seychelles will cease payments relating to its partnership agreement with Etihad Airways throughout 2021, following a working visit by Seychelles President Wavel Ramkalawan to the UAE. The measure will be in place while the parties continue to negotiate debt repayments and the return of Etihad shares to reinstate Air Seychelles as a fully Seychellois owned entity. [more - original PR]