Air Zimbabwe has ceased operations after failing to secure a rescue plan.
“We are grounded indefinitely,” the airline’s CEO Innocent Mavhunga told AFP.
According to the newswire, one of its planes was impounded in London for more than two weeks last year over a $1.2 million debt dispute with a US spares company.
The airline then suspended flights to neighboring South Africa over another debt of $500,000 fearing creditors might impound more of its aircraft.
Zimbabwe tourism and hospitality industry minister Walter Mzembi said recently the government should sort out the financial mess in Air Zimbabwe ahead of the United Nations World Tourism Organisation general assembly, to be held in Victoria Falls next year.
Emirates has recently launched flights to Harare, which the minister said was a wake up call for Air Zimbabwe which used to compete with more than 45 airlines that operated in Harare in the 1990s.
