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*4 Air Zimbabwe Planes Repossessed And Resold - Report* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?nb ZimLive reports that Malaysian Airlines has repossessed four planes which had been sold to Zimbabwe Airways, the ill-fated Air Zimbabwe proxy. Two of the planes, bearing registration 9M-MRL and 9M-MRM are in the United States, in Kansas in the state of Missouri. ---------- Latest itel A06 on Pindula: 32GB storage, 4GB RAM $69 USD WhatsApp: +263715068543 Calls: 0772464000 ---------- The other two, 9M-MRQ and 9M-MRP, only conducted test flights in 2017 and remain in Malaysia. According to ZimLive sources, the planes’ repossession has resulted in massive losses to Zimbabwe. Said the source: > Here’s how aviation purchases are structured. One, you have the seller; two you have the buyer; three you have the seller’s bank; four you have the buyer’s bank and five you have the owner. > In the case of these four planes, Zimbabwe negotiated directly with the seller only to be referred to number three (seller’s bank). > Once the Zimbabwe government made a payment for two planes that you see branded and made a commitment for the other two, they were then removed from the sales portal. > But months down the line the Zimbabweans failed to collect what they had paid for. They failed to pay the balance after the commitment fees. > The government of Zimbabwe wanted the planes delivered to Harare, I’m not sure what changed. What has happened though is that the planes were eventually all repossessed. *Related:* *Govt To Merge Air Zimbabwe with Zimbabwe Airways* More: ZimLive.com _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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