Former Tongan prime minister and ex-chairman of the board of Lulutai Airlines (L8, Tongatapu) says the trouble-plagued carrier should have no problems paying back its TOP6 million pa’anga (USD2.5 million) loan. Hu’akavameiliku Siaosi Sovaleni has told reporters that Lulutai “has sufficient assets to cover its debt.”

State-owned Lulutai Airlines, which flies to four airports around Tonga, recently told the Tongan government it needed a TOP7 million (USD2.9 million) capital injection to maintain services….

Source: ch aviation
Read more: Tonga's Lulutai able to repay debts, says ex-chairman