Europe

Etihad rejects Air Serbia 82% debt writedown

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Etihad rejects Air Serbia 82% debt writedown

Serbian media outlet N1 has reported that Etihad, a 49% shareholder in the national carrier, had refused a request to write-off 82% of Air Serbia’s $120 debt to the Emirati group.  In July, Air Serbia requested the swinging write-down in its debts from Etihad, with a London Stock Exchange release...

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