{"id":6058,"date":"2011-12-13T12:13:27","date_gmt":"2011-12-13T10:13:27","guid":{"rendered":"http:\/\/www.myza.co.za\/12\/zimbabwe-scrambles-for-plane-seized-over-1-2-mln\/"},"modified":"2011-12-13T12:13:27","modified_gmt":"2011-12-13T10:13:27","slug":"zimbabwe-scrambles-for-plane-seized-over-1-2-mln","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/zimbabwe-scrambles-for-plane-seized-over-1-2-mln\/","title":{"rendered":"Zimbabwe scrambles for plane seized over $1.2 mln"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span class=\"articleLocation\">HARARE<\/span> Dec 13 (Reuters) &#8211; Zimbabwe&#8217;s state-owned<br \/>\nairline was scrambling for cash on Tuesday to secure the release<br \/>\nof a plane seized in London by a  U.S firm over a $1.2 million<br \/>\ndebt, a senior airline official told state media.<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>Air Zimbabwe acting chief executive Innocent Mavhunga<br \/>\nconfirmed that his firm&#8217;s Boeing 767-200 had been impounded on<br \/>\nlanding at Gatwick Airport on Monday after American General<br \/>\nSupplies got a court order for money owed for aircraft spares.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;The plane has been attached by one of our spares suppliers<br \/>\nover an outstanding debt which we are negotiating to settle,&#8221; he<br \/>\nwas reported as saying.<\/p>\n<p><span><\/span><\/p>\n<p>Mavhunga said government&#8217;s treasury department had told the<br \/>\nairline it could not help with the required cash. Another<br \/>\nofficial said Air Zimbabwe was still scrambling to get back the<br \/>\naircraft in time for a scheduled return flight to Harare on<br \/>\nTuesday evening.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;The management and the shareholder (government) have to<br \/>\nwork to a common cause because we stand to lose more by losing<br \/>\nthe plane and missing flights,&#8221; the official said, declining to<br \/>\nbe named.<\/p>\n<p><span><\/span><\/p>\n<p>Economic analysts say Air Zimbabwe is struggling to survive<br \/>\ndue to mounting debts, currently put at $40 million, and many<br \/>\nsee it as a victim of mismanagement by President Robert Mugabe&#8217;s<br \/>\nZANU-PF party and poor funding by government since independence<br \/>\nfrom Britain in 1980.\t<\/p>\n<p> (Reporting By Cris Chinaka; editing by David Dolan)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2011 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HARARE Dec 13 (Reuters) &#8211; Zimbabwe&#8217;s state-owned airline was scrambling for cash on Tuesday to secure the release of a plane seized in London by a U.S firm over a $1.2 million debt, a senior airline official told state media. Air Zimbabwe acting chief executive Innocent Mavhunga confirmed that his firm&#8217;s Boeing 767-200 had been [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-6058","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/6058","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=6058"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/6058\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=6058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=6058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=6058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}