The state carrier ran the window in rescue mode: recapitalisation tranches, aircraft lease renegotiations (against lessors after delivery cancellations) and network cuts, with the Faye government commissioning an audit of airline contracts (part of its wider contract-review agenda). Recovery values run to tens of millions of US dollars per tranche ; no private buyer emerged.
Value: Not disclosed.
Advisers: No legal adviser is identified in the public record reviewed by The Meridian.
The exact announcement date is not confirmed in the public record reviewed.
Recorded by The Meridian research desk from public announcements, regulatory filings and financial press coverage. Dates and values are as publicly reported.
