Call for a fundraising

Dear Editor,

Re: Samoa Airways lease cost 

Six months planning is not enough for such undertaking considering having an airline. They should have a public offering to raise more money to secure funding for the long run. $50 million to start out with is not bad, however you can always have a second offering if you need more.

You will lose money in the first and the second year, until you establish enough clientele to generate steady income. 

I don’t know how they will survive if they don’t have enough cushion to start out with. 

It doesn’t look good considering huge expenses to start out with.


Leituala Roger B.

Related Stories

Bg pattern top

Sign in for free to read more stories

Bg pattern light


Subscribe to Samoa Observer Online

Enjoy access to over a thousand articles per month, on any device as well as feature-length investigative articles.

Ready to signup?