Fiji Airways Has Four
p. 135 · Read in the full issue
Owners Now
The Fiji Government is to become a shareholder in Fiji Airways Limited on an equal footing with BOAC, Qantas and
Teal.
The chairman of the Board of Directors, Captain G. U.
Allan, said in February the Government investment would amount to £F60,000. At the invitation of the board, the Government will buy 60,000 £1 shares at par bringing the issued share capital of the company to £F240,000. The authorised capital is £F500,000.
Captain Allan said the move does not foreshadow any change in the company’s policy.
Besides providing Fiji’s internal air services, Fiji Airways con nects with the Solomons, New Hebrides, Gilbert and Ellice Group, West Samoa and Tonga.
