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[ News ]April 22, 2020 7:28 pm ET
Air Mauritius Files for Voluntary Administration to Avoid Bankruptcy
The board of directors of Air Mauritius Limited met this Wednesday to disclose the state of the company's finances due to the COVID-19 pandemic. Then, it was reported that the operational disruptions related to the coronavirus make it impossible for the airline to meet its financial obligations "in the foreseeable future." In a press release issued later, the board recalled that in December of last year it had established a Transformation Steering Committee to face the company's financial difficulties and…