According to the report on SOEs and parastatals for the financial year ended December 31, 2022 (2019 for Air Zim), the airline continues to bleed with no solution in sight.
US$407m losses: Air Zimbabwe dead as a dodo - Zimbabwe Situation zimbabwesituation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zimbabwesituation.com Daily Mail and Mail on Sunday newspapers.
TECHNICALLY-INSOLVENT Air Zimbabwe has accumulated losses of US$407,84 million, while total liabilities have exceeded assets by US$380,22 million, further casti.