• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
Economic Meltdown: Lebanon’s Military Gives Tourists Helicopter Rides To Raise Cash

Economic Meltdown: Lebanon’s Military Gives Tourists Helicopter Rides To Raise Cash

5 years ago
DRC: President Tshisekedi Meets US Lawmaker To Discuss Mineral Deals

DRC: President Tshisekedi Signs Controversial Bill Extending Tenure Limit

5 hours ago
Eswatini Gives Foreign Businesses 12-Month Ultimatum To Quit

Eswatini Gives Foreign Businesses 12-Month Ultimatum To Quit

7 hours ago
UK Universities Urged To Return To Paper Exams To Curb AI Cheats

UK Universities Urged To Return To Paper Exams To Curb AI Cheats

8 hours ago
Nigerians Fear Vote-Buying, Violence Ahead Of Elections – Afrobarometer Survey

Nigerians Fear Vote-Buying, Violence Ahead Of Elections – Afrobarometer Survey

10 hours ago
Uganda And Ethiopia Are Challenging India’s Coffee Dominance

Ethiopia’s Earnings From Coffee Hits $878m

14 hours ago
Thursday, November 12, 2026
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    DRC: President Tshisekedi Meets US Lawmaker To Discuss Mineral Deals

    DRC: President Tshisekedi Signs Controversial Bill Extending Tenure Limit

    Nigerians Fear Vote-Buying, Violence Ahead Of Elections – Afrobarometer Survey

    Nigerians Fear Vote-Buying, Violence Ahead Of Elections – Afrobarometer Survey

    Israel’s President Picks Eisenkot Over Netanyahu To Form Next Government

    Israel’s President Picks Eisenkot Over Netanyahu To Form Next Government

    Ethiopia Gives 6 Sudanese Diplomats 48-Hour Ultimatum To Leave As Relations Deteriorate

    Ethiopia Gives 6 Sudanese Diplomats 48-Hour Ultimatum To Leave As Relations Deteriorate

    Zimbabwe: Mnangagwa Emerges Presidential Candidate In Election Due For 2030

    Zimbabwe: Mnangagwa Emerges Presidential Candidate In Election Due For 2030

    Cameroon: Leading Opposition Elects First Female President

    Cameroon: Leading Opposition Elects First Female President

    Tunisia: Thousands Stage Protest Against President Saied

    Tunisia: Thousands Stage Protest Against President Saied

    Ethiopia Says It Will Not Go To War With Eritrea Over Red Sea Access

    Ethiopia: PM Abiy Sets Up Interim Govt In Tigray After Escalations

    DR Congo: Kabila Joins Forces With M23 Rebels, Forms New Coalition To Challenge Tshisekedi

    DR Congo: Kabila Joins Forces With M23 Rebels, Forms New Coalition To Challenge Tshisekedi

  • Economy
    Eswatini Gives Foreign Businesses 12-Month Ultimatum To Quit

    Eswatini Gives Foreign Businesses 12-Month Ultimatum To Quit

    Uganda And Ethiopia Are Challenging India’s Coffee Dominance

    Ethiopia’s Earnings From Coffee Hits $878m

    Goldman Sachs Projects $600bn Revenue For Anthropic By 2030

    Goldman Sachs Projects $600bn Revenue For Anthropic By 2030

    South African Businesses Urged To Prepare For Possible Loss Of US Trade Benefits

    South African Businesses Urged To Prepare For Possible Loss Of US Trade Benefits

    Africa’s Super Banker Resumes As AfDB President, Promises To Harness Africa’s Youthful Energy, Chart Bold Compass For Transformation

    AfDB Retains Global Aid Transparency Ranking For Third Straight Time

    Adesina Proposes $10bn Africa AI Fund, Targets $50bn Investment To Position Continent As Global Tech Powerhouse

    Adesina Proposes $10bn Africa AI Fund, Targets $50bn Investment To Position Continent As Global Tech Powerhouse

    SA Proposes To Buy LNG From U.S. In Exchange For Duties Exemption

    Trump Considers Removal Of South Africa, Rwanda From Trade Deals

    Ghana: Mahama Seeks Putin’s Expertise To Launch Nuclear Plant

    Ghana: Mahama Seeks Putin’s Expertise To Launch Nuclear Plant

    Ghana, Russia Reach Joint Venture On Bauxite, Alumina

    Ghana, Russia Reach Joint Venture On Bauxite, Alumina

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    DRC: President Tshisekedi Meets US Lawmaker To Discuss Mineral Deals

    DRC: President Tshisekedi Signs Controversial Bill Extending Tenure Limit

    Nigerians Fear Vote-Buying, Violence Ahead Of Elections – Afrobarometer Survey

    Nigerians Fear Vote-Buying, Violence Ahead Of Elections – Afrobarometer Survey

    Israel’s President Picks Eisenkot Over Netanyahu To Form Next Government

    Israel’s President Picks Eisenkot Over Netanyahu To Form Next Government

    Ethiopia Gives 6 Sudanese Diplomats 48-Hour Ultimatum To Leave As Relations Deteriorate

    Ethiopia Gives 6 Sudanese Diplomats 48-Hour Ultimatum To Leave As Relations Deteriorate

    Zimbabwe: Mnangagwa Emerges Presidential Candidate In Election Due For 2030

    Zimbabwe: Mnangagwa Emerges Presidential Candidate In Election Due For 2030

    Cameroon: Leading Opposition Elects First Female President

    Cameroon: Leading Opposition Elects First Female President

    Tunisia: Thousands Stage Protest Against President Saied

    Tunisia: Thousands Stage Protest Against President Saied

    Ethiopia Says It Will Not Go To War With Eritrea Over Red Sea Access

    Ethiopia: PM Abiy Sets Up Interim Govt In Tigray After Escalations

    DR Congo: Kabila Joins Forces With M23 Rebels, Forms New Coalition To Challenge Tshisekedi

    DR Congo: Kabila Joins Forces With M23 Rebels, Forms New Coalition To Challenge Tshisekedi

  • Economy
    Eswatini Gives Foreign Businesses 12-Month Ultimatum To Quit

    Eswatini Gives Foreign Businesses 12-Month Ultimatum To Quit

    Uganda And Ethiopia Are Challenging India’s Coffee Dominance

    Ethiopia’s Earnings From Coffee Hits $878m

    Goldman Sachs Projects $600bn Revenue For Anthropic By 2030

    Goldman Sachs Projects $600bn Revenue For Anthropic By 2030

    South African Businesses Urged To Prepare For Possible Loss Of US Trade Benefits

    South African Businesses Urged To Prepare For Possible Loss Of US Trade Benefits

    Africa’s Super Banker Resumes As AfDB President, Promises To Harness Africa’s Youthful Energy, Chart Bold Compass For Transformation

    AfDB Retains Global Aid Transparency Ranking For Third Straight Time

    Adesina Proposes $10bn Africa AI Fund, Targets $50bn Investment To Position Continent As Global Tech Powerhouse

    Adesina Proposes $10bn Africa AI Fund, Targets $50bn Investment To Position Continent As Global Tech Powerhouse

    SA Proposes To Buy LNG From U.S. In Exchange For Duties Exemption

    Trump Considers Removal Of South Africa, Rwanda From Trade Deals

    Ghana: Mahama Seeks Putin’s Expertise To Launch Nuclear Plant

    Ghana: Mahama Seeks Putin’s Expertise To Launch Nuclear Plant

    Ghana, Russia Reach Joint Venture On Bauxite, Alumina

    Ghana, Russia Reach Joint Venture On Bauxite, Alumina

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News
Home Top Stories

Economic Meltdown: Lebanon’s Military Gives Tourists Helicopter Rides To Raise Cash

September 15, 2021
in Top Stories, World
0 0
0
24
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

 

By Ebi Kesiena

Relatedreading

DRC: President Tshisekedi Signs Controversial Bill Extending Tenure Limit

Eswatini Gives Foreign Businesses 12-Month Ultimatum To Quit

Amid economic meltdown facing Lebanon, the country’s military has started offering helicopter tours to tourists in a bid to boost morale and raise cash for maintenance.

According to the World Bank, Lebanon is in the midst of one of the deepest economic depressions in modern history.

The struggling army and institutions have been forced to improvise new and unconventional ways of generating extra income, as the hyperinflation has seen the Lebanese pound lose more than 90 percent of its value in less than two years and more than half of the population has sunk into poverty.

Also, the 2021 Mercer Cost of Living Survey has named the capital Beirut, the third-most expensive city in the world.

From the military’s website, both tourists and Lebanese citizens can sign up for a 15-minute ride on the military’s Raven helicopters, usually reserved for student pilots in their first year of training, which departs from both Rayak and Amchit airbases, and offer scenic views.

Army Commander General, Joseph Aoun who decried the economic crisis in Lebanon, stated that it was partly caused by decades of government corruption and profligacy, and would soon lead to the breakdown of all state institutions, including the army.

‘‘It is particularly telling that the army has resorted to moonlighting as tour guides, given that the military has underpinned Lebanon’s stability since the end of the civil war in 1990. Despite significant US military support, the economic crisis has made it hard for the army to maintain its budget for equipment, maintenance and supplies,’’ it stated.

Recall that Lebanon was without a functioning government for 13 months, following the massive explosion at Beirut’s port in August 2020 which killed more than 200 people and destroyed large swathes of the city until a new cabinet was finally formed last week.

Foreign currency cash reserves have plummeted, causing fuel, electricity and medicine shortages.

In the meantime, the Lebanese military is aiming for about 1,000 hours of leisure flights this year. Each ride will cost $150, meaning the programme could net the military $300,000 by the end of the year.

However, a Lebanese soldier now earns just $90 a month, down from almost $850 before the crisis.

Tags: Economic MeltdownLebanon
ShareTweetSend
Previous Post

Niger Delta: NCDMB Interacts With Host Communities

Next Post

Taliban Leadership Power Sharing Causes Dispute

Related Posts

DRC: President Tshisekedi Meets US Lawmaker To Discuss Mineral Deals

DRC: President Tshisekedi Signs Controversial Bill Extending Tenure Limit

November 11, 2026
Eswatini Gives Foreign Businesses 12-Month Ultimatum To Quit

Eswatini Gives Foreign Businesses 12-Month Ultimatum To Quit

November 11, 2026

UK Universities Urged To Return To Paper Exams To Curb AI Cheats

Nigerians Fear Vote-Buying, Violence Ahead Of Elections – Afrobarometer Survey

Ethiopia’s Earnings From Coffee Hits $878m

Kenya To Close Embassy In Switzerland Nov 30

Next Post
We Will Respect Women’s Rights, Press Freedom - Taliban

Taliban Leadership Power Sharing Causes Dispute

Please login to join discussion
AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1
AfriHeritage Magazine 2026 AfriHeritage Magazine 2026 AfriHeritage Magazine 2026

Updates

  • Trending
  • Comments
  • Latest
1958: The Story Of How Africa Walked Out Of The World Cup

1958: The Story Of How Africa Walked Out Of The World Cup

November 7, 2026
Malawi: Electoral Commission Warns Chakwera, Mutharika Against Premature Victory Celebration

Malawi: Electoral Commission Warns Chakwera, Mutharika Against Premature Victory Celebration

September 18, 2025
Iheanacho Helps Leicester City Win First Community Shield Title In 50 years

Iheanacho Helps Leicester City Win First Community Shield Title In 50 years

August 7, 2021
Nigeria: DHQ Dismisses Rumored Ceasefire Deal With Boko Haram, ISWAP Terrorists

Nigeria: DHQ Dismisses Rumored Ceasefire Deal With Boko Haram, ISWAP Terrorists

November 5, 2026
William Ruto

Kenya To Close Embassy In Switzerland Nov 30

0
Goldman Sachs Projects $600bn Revenue For Anthropic By 2030

Goldman Sachs Projects $600bn Revenue For Anthropic By 2030

0
Saudi Arabia Sentences Kenyan Woman To 100 Cane Strokes Over Child Born Out Of Wedlock

Saudi Arabia Sentences Kenyan Woman To 100 Cane Strokes Over Child Born Out Of Wedlock

0
Kenya: Ruto Orders Shooting Of Protesters Attacking Businesses

Kenya: Court Bans Online Sale Of Alcohol Drinks In Nairobi

0
DRC: President Tshisekedi Meets US Lawmaker To Discuss Mineral Deals

DRC: President Tshisekedi Signs Controversial Bill Extending Tenure Limit

November 11, 2026
Eswatini Gives Foreign Businesses 12-Month Ultimatum To Quit

Eswatini Gives Foreign Businesses 12-Month Ultimatum To Quit

November 11, 2026
UK Universities Urged To Return To Paper Exams To Curb AI Cheats

UK Universities Urged To Return To Paper Exams To Curb AI Cheats

November 11, 2026
Nigerians Fear Vote-Buying, Violence Ahead Of Elections – Afrobarometer Survey

Nigerians Fear Vote-Buying, Violence Ahead Of Elections – Afrobarometer Survey

November 11, 2026

Most Recent

DRC: President Tshisekedi Signs Controversial Bill Extending Tenure Limit

November 11, 2026

Eswatini Gives Foreign Businesses 12-Month Ultimatum To Quit

November 11, 2026

UK Universities Urged To Return To Paper Exams To Curb AI Cheats

November 11, 2026

Nigerians Fear Vote-Buying, Violence Ahead Of Elections – Afrobarometer Survey

November 11, 2026

Ethiopia’s Earnings From Coffee Hits $878m

November 11, 2026

Kenya To Close Embassy In Switzerland Nov 30

November 10, 2026

Goldman Sachs Projects $600bn Revenue For Anthropic By 2030

November 10, 2026

Saudi Arabia Sentences Kenyan Woman To 100 Cane Strokes Over Child Born Out Of Wedlock

November 10, 2026

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

A Nuclear-Armed North Korea As A Metaphor For The ‘Safe State’

One Year of Transformative Stewardship: Walson-Jack’s Innovative Impact on Nigeria’s Civil Service

Africa’s Largest Tech Event, MWC25 Kigali, Returns With Focus On Innovation, Policy

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • HT Management
  • Privacy Policy

© 2025 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact us

© 2025 Heritage Times (HT) Media.