ESPACIO PUBLICITARIO
CARACAS, Monday January 20, 2014 | Update
 
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AERONAUTICS | Airlines meets aviation authorities

Venezuelan gov't to pay 50% of debt to Air Italy with jet fuel

Another 25% will be paid with bonds and the remaining 25% with US dollars in cash, the parties agreed

EL UNIVERSAL
Monday January 20, 2014  01:56 PM
The president of the Venezuelan Civil Aviation Institute (INAC), Pedro González Díaz and representatives from Air Italy airline have agreed on new terms to settle the debt the Venezuelan forex commission, Cadivi, owes to international airlines.

During the meeting, the parties agreed on a 50% payment of the debt in jet fuel. Another 25% will be paid with bonds and the remaining 25% with US dollars in cash.
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