By Sita SebastioMozambique Airlines (LAM) had a real debt lower than declared due to a "technical lapse," which forced a correction that improved the company's liabilities, said the Mozambican Minister of Transport and Communications, Mateus Magala."We were with an unsustainable debt because we penalized ourselves with a technical lapse or limited knowledge," but after making "a small correction," it was concluded that LAM "was not so bad in terms of debt," explained Mateus Magala.The known debt of over 282 million euros that the airline had been declaring, "in fact, it was less than that," because ..To read the full NEWS and much more, Subscribe to our Premium Membership Plan.
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