Air Zimbabwe management last night said it had secured the $1,2 million demanded by a United States company that impounded its plane in London on Monday.
American General Supplies seized the Boeing 767-200ER at Gatwick Airport in London over the debt.
The company, which supplied Air Zimbabwe with spare parts, had given the airline up to November 30 to settle the debt.
Innocent Mavhunga, Air Zimbabwe’s acting chief executive officer, said the money had been secured to rescue the aircraft from auction.
“Yes, we have secured the funds to have the plane released and we are in the process of having it transferred,” Mavhunga said.
He said the plane would leave London after the debt had been cleared.
“We are hoping that the funds will be in their accounts tomorrow and all things being in place, have the plane leave London to Zimbabwe,” he said.
Earlier in the day, Transport and Infrastructural Development minister Nicholas Goche had told NewsDay that government was doing all it could to ensure that the debt was paid and the plane released.
Scores of Air Zimbabwe passengers were stranded in London after the Tuesday flight was cancelled.