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Cameroon’s Camair-Co requests bailout ahead of restructuring exercise

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Camair-Co (QC, Douala (DLA)) is in the process of negotiating a bail out from its sole shareholder, the Cameroonian government, as a means of cushioning pending a mass restructuring exercise. Camair’s Commercial Director, Christian Perchat recently stated that in order for the airline to become an internationally competitive, viable entity, a full restructuring exercise, coupled [...]

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