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The Attorney-General and Minister for Civil Aviation, Aiyaz Sayed-Khaiyum, has hailed Fiji Airways’ half year financial results as a “great achievement” for the airline and the nation as a whole.
“From being on the verge of bankruptcy four years ago, we have achieved a remarkable turnaround in the fortunes of our national airline,” he said.
“This has been the direct result of the Bainimarama Government’s reforms, its insistence on financial discipline and the introduction of a new culture of management and staff working together with clear objectives and their eyes set firmly on the future.”
Mr Sayed-Khaiyum said their decision to invest in new fuel-efficient aircraft was paying dividends.
“We have established a firm foundation for Fiji Airways to expand to more destinations and fulfill its vision to become the world’s best boutique airline,” he said.
“I especially want to thank the staff of Fiji Airways for their dedication and commitment to securing the airline’s future.
“Every single worker now has a personal stake in the airline through our profit sharing scheme and an incentive to help us take the airline to even greater heights.”
“This is also good news for every Fijian, whose fortunes are tied to the airline because of its critical role in supporting our biggest export revenue earner, tourism.
“This result also demonstrates beyond doubt that the debt facility provided to Fiji Airways to buy new aircraft by the FNPF – our national superannuation scheme – has been a wise investment in our collective future.”