Lulutai Airlines (L8, Tongatapu) is breaking even after years of losses, the Kaniva Tonga digital newspaper reports citing Tonga’s deputy prime minister, Taniela Fusimalohi. At the same time, the government has reportedly ruled out additional funding any loans for the airline in this year’s budget, saying there was enough interest from potential investors in the private sector.
One of those potential investors is New Zealand’s Sunair Aviation (Tauranga), with which Lulutai Airlines is said to be in…
Source: ch aviation
Read more: Tonga's Lulutai breaking even, in talks with investor