A joint venture between the government of Samoa and Australia's Virgin Blue, a low-cost carrier, turned an annual United States (U.S.) 7.5 million dollars government subsidy into a U.S. 6.6 million dollars profit in just two years. International Finance Corporation (IFC) served as the lead advisor for the innovative public-private partnership, which established a new national airline, Polynesian Blue, and restructured the existing flagship carrier...
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DETAILS
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2009/11/01
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Brief
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53174
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1
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1
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2013/10/22
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Disclosed
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Camoa - Polynesian Blue
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air
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Citation
Samoa - Polynesian Blue : Camoa - Polynesian Blue (Russian). Infrastructure advisory success stories (airlines) Washington DC ; World Bank. http://documents.worldbank.org/curated/en/543201468107048820