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Last Updated: Friday, 6 February, 2004, 16:06 GMT
Air Zimbabwe set to pay debt
Robert Mugabe and Air Zimbabwe plane
Mugabe is a frequent flier on Air Zimbabwe
Air Zimbabwe has secured funds to pay its debt to the International Air Transport Association (IATA), an official has said.

The airline's chief executive, Rambanai Chingwena, said arrangements are under way for the remission of the money due to IATA.

The national carrier was suspended from the association over a debt of $1.3m for tickets booked with other airlines.

IATA, acts as a clearing house between players in the aviation industry.

Chaos

Mr Chingwena said the airline's membership of IATA remains intact.

Last year, foreign airports threatened to impound Air Zimbabwe's equipment if it did not pay outstanding fees.

The country's economy has been in freefall in recent years, with inflation at 600% and shortages in foreign currency.




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