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[ltr]Iraqi Airways denies "bankruptcy": our stocks up to millions of dollars[/ltr]
[ltr][You must be registered and logged in to see this image.]BAGHDAD - Iraq Press - February 3: denied Iraqi Airways, claims that it threatened to "bankruptcy and it 's a losing company."
The general director of the company Samer Kubba , according to a statement of the Ministry of Transport, "our belief in the principle of transparency , which going by the Ministry of Transport in all joints and as directed by the Minister of Transport Kazem cup erythema need to strengthen the credibility , calling on the Iraqi Airways all governmental regulatory bodies , including the Parliamentary visit the company and see the Khovatha weekly, monthly and yearly all projects and plans of the company. "
Kubba said , " On this occasion we would like to emphasize that Iraqi Airways is a strong company that runs from a strong financial foundation and the health of the news of bankruptcy. On the contrary it was waiting for urgent and futures future projects."
He continued , " In support of this , it is everyone can see the company 's efforts and its work and review Khovatha to make sure of it," he said . "The Iraqi Airways in banks inside and outside Iraq balances are millions of dollars, being a strong and profitable company and with distinction."
He stressed that "Iraqi Airways strives to increase the financial and imports through numerous projects in addition to its proximity to lift the ban on its aircraft in European airports after the lifting of the blacklist and be included in the classification under surveillance, which is the first step to lift the ban to come back jumper green to fly from new in all the capitals of the European nations and the world. "
Kubba pointed out that " the company will see the opening of several new lines to the new capitals and this certainly will enhance her career discreet and will increase its imports."
The chairman of the parliamentary services and reconstruction, Nazim al - Saadi, said Thursday that Iraqi Airways threatened to "bankruptcy , " attributing it to "mismanagement and corruption."
Saadi said in a statement, said that "Iraqi Airways is threatened with bankruptcy because of poor management , " noting that "2016 saw a decline big loss for 2015, and the losses continue to decline."
He added that it "has not yet placed a clear program for the treatment of this case, and the most important reasons for the losses is mismanagement and rampant corruption and interventions , " pointing out that " the loss witnessed by the lines if they were in any other company to foot the board of directors resigned and was referred to the judiciary." Q ended
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