BUSINESSJul 25 · 08:49 UTCTHE RIO TIMESSamuel Ncube

Tunisia Blocks Tunisair Sale While Drip-Feeding State Support

The Tunisian state owns 74% of Tunisair and has blocked its sale, treating it as a strategic public asset. The airline faces alarming debt and chronic deficits, prompting a restructuring plan that includes 1,200 job cuts and a TND 150 bond issue.

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TunisiaplaceTunisairorganizationTunisian stateorganizationdebttopicrestructuring plantopic

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