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Airzim Turns Down Restructuring Deal

[The Herald] AIR Zimbabwe spurned proposals for a restructuring deal from Canadian aviation firm, NEXTFLIGHTAIR, an arrangement that would have helped it acquire five more aircraft and grow its revenue to $136 million in a year. NEXTFLIGHTAIR director of operations Mr Tan Ahmed said that he has visited Zimbabwe three times pursuing potential co-operation with Government and Air Zimbabwe in a bid to help turnaround the airline's fortunes.He said that his company also submitted two proposals with nothing material being a ......

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