• 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
US: Woman Charged With Plot To Bomb New York State Capitol

US: Woman Charged With Plot To Bomb New York State Capitol

2 hours ago
Nigeria: Walson-Jack Urges Media To Sustain Ongoing Reforms Reportage

Nigeria: Walson-Jack Urges Media To Sustain Ongoing Reforms Reportage

3 hours ago
Cameroon: Biya Returns Home To Rousing Welcome After 10 Weeks Abroad

Cameroon: Biya Returns Home To Rousing Welcome After 10 Weeks Abroad

5 hours ago
Drowning Deaths Spike In Europe Over Soaring Heatwave

Germany Records 14,000 Heat Deaths Amid Severe Heatwaves – Survey

6 hours ago
Togo Arrests, Retains French Filmmakers Over Alleged Immigration Violations

Togo Arrests, Retains French Filmmakers Over Alleged Immigration Violations

7 hours ago
Friday, August 21, 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
    Cameroon: Biya Returns Home To Rousing Welcome After 10 Weeks Abroad

    Cameroon: Biya Returns Home To Rousing Welcome After 10 Weeks Abroad

    Zimbabwe: Hichilema Signs Law Making Free Education Permanent Constitutional Provision

    Zambia: Hichilema Secures Landslide Re-Election, Braces For Economic Test

    Zambia: Hichilema In Early Lead As Vote Counting Nears Half

    Zambia: Hichilema In Early Lead As Vote Counting Nears Half

    Trump Renews Nigeria Threat, Queries South Africa’s Role In G20

    Nigerian, South African Lawmakers Clash Over Xenophobia At Malawi Conference

    Masra

    Chad: President Déby Pardons Rival Serving 20 Year Jail Term, Others

    Nigeria: Ex-President Obasanjo Criticises Winner-Takes-All Democratic Model In Africa

    Nigeria: Ex-President Obasanjo Criticises Winner-Takes-All Democratic Model In Africa

    Sierra Leone: Bio Urges Parliament To Pass Bill Reducing Threshold For Presidential Victory

    Sierra Leone: Bio Urges Parliament To Pass Bill Reducing Threshold For Presidential Victory

    Zambia Seals $1.1bn Deal With Chinese Firm To Construct 60,000 BPD Refinery

    Zambia Votes Thursday In Election Expected To Hand Hichilema Fresh Term

    Cameroon: Opposition Kicks As 92-Year-Old Biya Says He’ll Seek 8th Presidential Term

    Cameroon: What To Know About Biya’s Latest Military Shake-Up

  • Economy
    US Debt Hits $40 Trillion For First Time— But Who Are Their Lenders?

    US Debt Hits $40 Trillion For First Time— But Who Are Their Lenders?

    Nigeria: 13th Edition Of PwC Roundtable To Address Epileptic Power Supply

    Nigeria: PwC Says New Crypto Tax Rules May Drive Up Compliance Costs

    Senegal: President Faye Approves 10-Year Jail Term For Same-Sex Relations

    Senegal Increases Fuel Pump Price, Cites Surge In Global Costs

    Iran Says Trump’s Claims Of Taking Control Of Strait Of Hormuz ‘Lies’

    Iran Says Trump’s Claims Of Taking Control Of Strait Of Hormuz ‘Lies’

    William Ruto

    Kenya To Discuss Fresh Borrowing Programme As IMF Team Visits Soon

    South Africa: Ramaphosa Deploys 2,200 Troops To Fight Crime In 5 Provinces

    South Africa: Despite Anti-Migrant Sentiments, Unemployment Rate Hits 33.6% In Q2

    AfDB’s Report Says Nigeria, Ghana Spend More On External Debt Interest Than Public Health

    Xenophobia: South African Factories Face Labour Crisis After Exodus Of Migrant Workers

    Xenophobia: South African Factories Face Labour Crisis After Exodus Of Migrant Workers

    Afreximbank

    Afreximbank Is Pushing Special Economic Zones As Catalyst For Africa’s Industrialization, Export Growth

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Cameroon: Biya Returns Home To Rousing Welcome After 10 Weeks Abroad

    Cameroon: Biya Returns Home To Rousing Welcome After 10 Weeks Abroad

    Zimbabwe: Hichilema Signs Law Making Free Education Permanent Constitutional Provision

    Zambia: Hichilema Secures Landslide Re-Election, Braces For Economic Test

    Zambia: Hichilema In Early Lead As Vote Counting Nears Half

    Zambia: Hichilema In Early Lead As Vote Counting Nears Half

    Trump Renews Nigeria Threat, Queries South Africa’s Role In G20

    Nigerian, South African Lawmakers Clash Over Xenophobia At Malawi Conference

    Masra

    Chad: President Déby Pardons Rival Serving 20 Year Jail Term, Others

    Nigeria: Ex-President Obasanjo Criticises Winner-Takes-All Democratic Model In Africa

    Nigeria: Ex-President Obasanjo Criticises Winner-Takes-All Democratic Model In Africa

    Sierra Leone: Bio Urges Parliament To Pass Bill Reducing Threshold For Presidential Victory

    Sierra Leone: Bio Urges Parliament To Pass Bill Reducing Threshold For Presidential Victory

    Zambia Seals $1.1bn Deal With Chinese Firm To Construct 60,000 BPD Refinery

    Zambia Votes Thursday In Election Expected To Hand Hichilema Fresh Term

    Cameroon: Opposition Kicks As 92-Year-Old Biya Says He’ll Seek 8th Presidential Term

    Cameroon: What To Know About Biya’s Latest Military Shake-Up

  • Economy
    US Debt Hits $40 Trillion For First Time— But Who Are Their Lenders?

    US Debt Hits $40 Trillion For First Time— But Who Are Their Lenders?

    Nigeria: 13th Edition Of PwC Roundtable To Address Epileptic Power Supply

    Nigeria: PwC Says New Crypto Tax Rules May Drive Up Compliance Costs

    Senegal: President Faye Approves 10-Year Jail Term For Same-Sex Relations

    Senegal Increases Fuel Pump Price, Cites Surge In Global Costs

    Iran Says Trump’s Claims Of Taking Control Of Strait Of Hormuz ‘Lies’

    Iran Says Trump’s Claims Of Taking Control Of Strait Of Hormuz ‘Lies’

    William Ruto

    Kenya To Discuss Fresh Borrowing Programme As IMF Team Visits Soon

    South Africa: Ramaphosa Deploys 2,200 Troops To Fight Crime In 5 Provinces

    South Africa: Despite Anti-Migrant Sentiments, Unemployment Rate Hits 33.6% In Q2

    AfDB’s Report Says Nigeria, Ghana Spend More On External Debt Interest Than Public Health

    Xenophobia: South African Factories Face Labour Crisis After Exodus Of Migrant Workers

    Xenophobia: South African Factories Face Labour Crisis After Exodus Of Migrant Workers

    Afreximbank

    Afreximbank Is Pushing Special Economic Zones As Catalyst For Africa’s Industrialization, Export Growth

  • 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

US: Woman Charged With Plot To Bomb New York State Capitol

Nigeria: Walson-Jack Urges Media To Sustain Ongoing Reforms Reportage

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

US: Woman Charged With Plot To Bomb New York State Capitol

US: Woman Charged With Plot To Bomb New York State Capitol

August 20, 2026
Nigeria: Walson-Jack Urges Media To Sustain Ongoing Reforms Reportage

Nigeria: Walson-Jack Urges Media To Sustain Ongoing Reforms Reportage

August 20, 2026

Cameroon: Biya Returns Home To Rousing Welcome After 10 Weeks Abroad

Germany Records 14,000 Heat Deaths Amid Severe Heatwaves – Survey

Togo Arrests, Retains French Filmmakers Over Alleged Immigration Violations

US Debt Hits $40 Trillion For First Time— But Who Are Their Lenders?

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
Paris Olympics: D’Tigress Out, Nigeria Still Searching For Medal 12 Days After

Paris Olympics: D’Tigress Out, Nigeria Still Searching For Medal 12 Days After

August 8, 2024
NFF Reacts As Man Attacks Super Falcons Inside Train In Austria

NFF Reacts As Man Attacks Super Falcons Inside Train In Austria

July 21, 2021
Saudi Considers Launching English TV Channel As Al Jazeera’s Rival

Saudi Considers Launching English TV Channel As Al Jazeera’s Rival

May 10, 2023
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
Drowning Deaths Spike In Europe Over Soaring Heatwave

Germany Records 14,000 Heat Deaths Amid Severe Heatwaves – Survey

0
Togo Arrests, Retains French Filmmakers Over Alleged Immigration Violations

Togo Arrests, Retains French Filmmakers Over Alleged Immigration Violations

0
US Debt Hits $40 Trillion For First Time— But Who Are Their Lenders?

US Debt Hits $40 Trillion For First Time— But Who Are Their Lenders?

0
Russia, Ukraine Exchange 103 Prisoners Under UAE-Backed Mediation

Russia, Ukraine Exchange 103 Prisoners Under UAE-Backed Mediation

0
US: Woman Charged With Plot To Bomb New York State Capitol

US: Woman Charged With Plot To Bomb New York State Capitol

August 20, 2026
Nigeria: Walson-Jack Urges Media To Sustain Ongoing Reforms Reportage

Nigeria: Walson-Jack Urges Media To Sustain Ongoing Reforms Reportage

August 20, 2026
Cameroon: Biya Returns Home To Rousing Welcome After 10 Weeks Abroad

Cameroon: Biya Returns Home To Rousing Welcome After 10 Weeks Abroad

August 20, 2026
Drowning Deaths Spike In Europe Over Soaring Heatwave

Germany Records 14,000 Heat Deaths Amid Severe Heatwaves – Survey

August 20, 2026

Most Recent

US: Woman Charged With Plot To Bomb New York State Capitol

August 20, 2026

Nigeria: Walson-Jack Urges Media To Sustain Ongoing Reforms Reportage

August 20, 2026

Cameroon: Biya Returns Home To Rousing Welcome After 10 Weeks Abroad

August 20, 2026

Germany Records 14,000 Heat Deaths Amid Severe Heatwaves – Survey

August 20, 2026

Togo Arrests, Retains French Filmmakers Over Alleged Immigration Violations

August 20, 2026

US Debt Hits $40 Trillion For First Time— But Who Are Their Lenders?

August 20, 2026

Russia, Ukraine Exchange 103 Prisoners Under UAE-Backed Mediation

August 19, 2026

Zambia: UN Condems Arbitrary Arrest Of Opposition Leaders

August 19, 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.