Loading
12-Nov-2009 11:29 AM

Indochina Airlines looking to raise USD16.7 million

Indochina Airlines is reportedly searching for new investors to raise at least USD16.7 million to maintain operations (VietNamNet, 11-Nov-2009). According to the Vietnam Civil Aviation Administration, the carrier is currently in a weak financial position, currently owing over USD167,550.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More